The pound is choppy this morning, with the first ballot in the Conservative set to begin within half an hour. We have already seen a weakening in the sterling yesterday, after the Commons rejected a Labour motion against no-deal. However, no-one can predict what will happen – we could see significant movement downwards, but it could also be the case that the markets are expecting the result.
We’re in a time of a lot of unpredictability, with a number of events over the coming weeks that could have a significant impact on the markets. Don’t leave your money open to chance. Lock in your exchange rate with a forward contract today by calling your Personal Trader on 020 7898 0541.
