Traders have been selling the GBP/USD after fear reaches a tipping point on Scottish Independence, there are rumours that if Independence goes ahead GBP/USD will return to a level not seen since the recession, it is expected that the GBP/USD will lose around 10% of its current value. The currency had its worst performance in over a year last week and the slide is expected to continue if polls on Scottish Indepence continue to narrow.
Traders have been selling the GBP/USD after fear reaches a tipping point on Scottish Independence, there are rumours that if Independence goes ahead GBP/USD will return to a level not seen since the recession, it is expected that the GBP/USD will lose around 10% of its current value. The currency had its worst performance in over a year last week and the slide is expected to continue if polls on Scottish Indepence continue to narrow.
Related Posts: