GBPEUR is very volatile, have you made plans for the unexpected?

GBP EUR Lower Despite Weaker Euro Data 

With very little out on the economic calendar for the pound tomorrow, sterling moves look set to continue to be driven by the headlines relating to the Scottish Referendum. A Yes vote would be disastrous in the short term for UK plc as investors struggled to make sense of UK economic policy moving forward.I feel the No vote would remain the most likely outcome and despite some losses sterling in the last week as the Yes vote gathers place, I do feel personally on the day many Scottish will be keen to remain part of the Union. Assumes the No vote triumphs I would expect the pound to rise after the vote on the 18th but recommend anyone considering buying or selling sterling get in touch with us to discuss all of their options.