Leading bank predicts Sterling at $1.10 in no deal Brexit

That’s a big fall from its current position of £1.296.

It seems like bets to the south will prosper.

Asset prices denominated in sterling will rise if Sterling starts looking at $1.

It came in a private client advisory note.

Sterling has been falling against the $ for two hundred years.

Sterling was over $1.50 just four years ago.

Brexit makes a good excuse for a market move.

Brexit will be used for the excuse for all sorts of things, not all them bad.

British manufacturing will be highly competitive.

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