The pound's post-Brexit pain isn't over yet
From businessinsider.com
The pound is going to keep sliding to new historic lows in the coming months and the worst of the British currency's fall following the UK's decision to leave the European Union may not be over just yet. Sterling has notched two consecutive days of gains this week, following a massive drop which saw it fall to its lowest level in 31 years on Monday, leading to some commentators to suggest that it may have found a bottom after falling around 12% across two days of trading. Here is the chart of sterling's performance in the last couple of days: However, according to analysis from Pantheon Macroeconomics, it would be ...
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