[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

I know next to nothing about financial markets, but when is the

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 10
Thread images: 1

File: uk-flag-pound.jpg (51KB, 400x300px) Image search: [Google]
uk-flag-pound.jpg
51KB, 400x300px
I know next to nothing about financial markets, but when is the £ going to go back up in value? I've been hearing about how the stock market has already been recovering since the brexit referendum, but the GBP is still at historic lows.
>>
>>1348440
bump
>>
>>1348440
No one knows
>>
>>1348440
>when is the £ going to go back up in value

never
>>
>>1348440
The pound has been losing value over the past years, so this is not surprising.
>>
>>1348440
I dunno, but..........I'd be willing to bet on one thing for sure, the drop is not over I'd be waiting on one thing

>Invocation of article 50

Then maybe get it, I dunno, it's a volatile market, I'm personally on hold right now with my only recent move being buying $10k ABX @ 19.

I'm betting on much more instability in the future.
>>
>>1348643
I'm not looking to buy £, I'm looking to transfer my £ to Australia. I took a gamble by not transferring it pre-brexit
>>
>>1348440
It is at historic lows because that's good for exports.
>>
>>1348714
it's at historic lows because of the referendum. The result just happens to be good for exports
>>
>>1348722
No. The currency goes up if there's a demand for it.

There's no demand for it because the smart money knows it's better this way.
Thread posts: 10
Thread images: 1


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


If you need a post removed click on it's [Report] button and follow the instruction.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com.
If you like this website please support us by donating with Bitcoins at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties.
Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site.
This means that RandomArchive shows their content, archived.
If you need information for a Poster - contact them.