Yesterday evening SNP leader Nicola Sturgeon and Former Mayor of London Boris Johnson went head to head live on ITV. I feel that the out campaign got the upper hand last night and this could be the reason why the Pounds value has dropped this morning.
The next TV debates to look out for are two BBC Question time debates on the 15th and 19th. On the 15th Justice Secretary Michael Gove will answer questions on the case to leave. On the 19th UK Prime Minister David Cameron will take questions on how remaining in the EU will benefit the UK. Expect further volatility after these events.
The next economic data release to look out for is Consumer Price Index numbers Tuesday at 9.30am. I wouldn’t be surprised to have seen consumer spending fall due to the upcoming EU referendum and therefore inflation numbers could fall. Don’t expect this data release to provide strength for the Pound.
If you are buying or selling the Pound this year June 23rd EU referendum decision will have a major impact on your trade and could COST or SAVE you thousands!
When buying or selling the Pound its important to analyse both currencies that you will be trading (GBPEUR, GBPUSD, GBPAUD). Feel free to email me with the currency pair you are looking to trade and the time-scales you are working too and I will email you with my forecast and the process of using our company [email protected].
As a company we pride ourselves in the ability to get you a better exchange rate than your current currency provider or bank bank. In addition we can outline your options and the potential future events which will impact your exchange rate which will make you more informed when trading.
Alternatively call me on 01494-787478 and ask to speak to Dayle Littlejohn. I look forward to hearing from you.