The Pounds Long Decline

I am doing a Market Wrap for Talking Trading which I will post a link to ASAP. In looking at the current state of markets I came across the following chart from the WSJ highlighting the long decline in the GBP. The sun has well and truly set on the Empire, it just seems as…

Details

Of Pounds And Poundage

Just an interesting little bit of context regarding the pound which seems to be undergoing it usual once a decade mid life crisis. As you can see from the chart below the drop last week is in many instances just an acceleration in an existing long term downtrend.