For the UK to exit the EU with a ‘deal’ the UK parliament would have to vote to support the deal.
There are 16 days left for that to happen. I don’t know about you, but I am LMFAO thinking that is a serious scenario.
If you’ve been following along, you’ll know too there is no way that will happen. And I reckon you are doing the LMFAO thing right about now too.
I’ll wait.
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OK.
What does that leave as serious scenarios?
1. No deal exit.
2. Extension of Article 50.
3. Revocation.
Or some derivative of those.
For sterling:
1. GBP drops big time.
2. GBP get a temporary reprieve.
3. GBP get a temporary reprieve.