Recently headwinds from the UK, has been affecting the pound substantially, making it impossible to climb.
The chances of a no deal brexit is around 15%, which means there is a good 85% there will be a extension by oct 2019, which will rally the pound.
The pound has been severely undervalued, it will be a good buy around 1.24 levels.
The chances of a no deal brexit is around 15%, which means there is a good 85% there will be a extension by oct 2019, which will rally the pound.
The pound has been severely undervalued, it will be a good buy around 1.24 levels.