
The Brexit Aftermath: the Pound Is Running out of Friends
fx_lmcap 投稿日: 2016年07月12日 in #UK #Boe #Putin #Pound #Mark Carney #BrexitPost referendum sentiment unveils doubts over how the British economy will behave as non-EU member.
A survey by market research group GfK revealed a deep fall in the confidence among consumers from -1 to -9, as shown in the Infographic (source: www.gfk.com).
The details of Britain’s exit are murky, at best. There are a lot of uncertainties over the period where the Article 50 of the Lisbon Treaty will be triggered.
Unless these questions are answered and a clear path forward emerges, the pound outlook will remain posed for the downside.
There appears to be little in the way of technical support to stop the currency from breaching several support areas in the months ahead.
Property prices in the UK and in London specifically, have come under pressure in the run-up to the EU referendum, as well as following it.
Dukascopy Research products [1] revived that:
contraction territory, (...) slipping to 46.0 points, from 51.2 (...)
Mark Carney highlighted (...) [that the] central bank would have to provide more[/that]