Will the Next 2% GBP/USD Move Be Up or Down?

The video discusses the ongoing chaos and confusion surrounding the Brexit process, highlighting the likelihood of political changes such as cabinet resignations and leadership challenges. It notes the lack of expected market rally following recent announcements and predicts that market forces will soon pressure the political establishment. The video concludes by suggesting that uncertainties may lead to further weakness of the British pound.

What has characterized the Brexit process up until now?

• Smooth and predictable

• Chaotic and confusing

• Efficient and organized

• Calm and stable

What political events are anticipated in the coming days?

• Parliamentary elections

• New trade agreements

• Cabinet resignations and leadership challenges

• Economic reforms

How did the market react to the recent Downing Street announcement?

• A surge in foreign investments

• A significant rally in UK-based assets

• No significant rally as expected

• A decline in UK-based assets

What is the expected initial market movement due to ongoing noise?

• Volatility

• Stability

• A downward trend

• An upward trend

What is the potential impact of ongoing uncertainties on the pound?

• Stability of the pound

• Weakness of the pound

• No impact on the pound

• Strengthening of the pound