‘The pound could fall by another 20%’

Market expert predicts £1 might only buy $1 in the near future
The decline in the value of sterling has dominated the headlines for the past seven months – is the worst over for the currency? ‘No’ is the answer, according to Jordan Hiscott, chief trader at spread betting firm Ayondo Markets. He now explains why the UK’s departure from the EU could knock another 20% off the value of the pound so that £1 only buys $1 versus $1.25 at...

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