Today's "What Gets My Goat" - NO POLITICS!

[VNA]

 

I think the pound drop has got more to do with traders interference, use the excuse/cover of Brexit

It’s confidence.  Or lack of it rather.  UK’s credit rating has also been downgraded.  The pound in your pocket is worth less because of the BREXIT vote.

Funny the pound went down even though nothing yet (brexit ) had happened - funny how now brexit still not happened and yet the pound gos up again.

The pound is up on the week.  That’s it. 
The pound 22-06-16 = 1.30562 Euro
The pound 22-06-17 = 1.13720 Euro
The pound 29-01-18 = 1.13771 Euro
http://www.xe.com/
It's going nowhere.  It will sink if it becomes apparent that the UK will leave the single market.