We live in uncertain times in the UK. I guess the markets are waiting to see how BREXIT pans out.
If we end with a reasonable "divorce" I guess the UK Pound could appreciate in value. If we leave on bad terms, the Pound could fall.
At the moment the EU and UK are both playing hard, although expect last minute bargaining: it is in nobody's interest to part badly.
If only the EU had detected the signs that little UK is full up and did not want freedom of movement I expect we would still be in the club.
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