Atilla
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The question is which way will cable go on Thurs night/Fri morning?
My money is on: First of all they (bank manipulation) will run it one way starting Wednesday, then it will rush in the opposite direction as soon as the first significant result comes in (a la Sunderland on Brexit night).
Cable in troubled waters either way imo
TM - hard brexit and £ falls
JC - softer brexit -> longer payback of government deficit and £ falls
Coalition - £ falls and recovers
Some feeling softer brexit or coalition will lead to recovery of £ to 1.30-40s but wouldn't like to say with any certainty.
Very tough call and not planning on holding any positions overnight.