Posted: Sat Apr 13, 2019 9:02am
It is good news; lets hope it results in not leaving at all. As for the pound, not so sure, its actually dropped several cents since the postponement news and theres a reason for that. The markets dont like uncertainty, and the problem is now, whilst more time has been bought and we havent crashed out, which are positives,there is still potentially more months of uncertainty. What youll see now is most likely that the £ hovers about where it is now until or unless there is definite movement towards some hints of some kind of significant event; second referendum, general election etc.
Pre March 29 Forecasts Ive read originally suggested that it could go back up to about 1.24 by June but that looks unlikely now I think.
Would be nice though.