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EU exit or stay?
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[quote][i]Originally posted by Ian[/i] [quote][i]Originally posted by DaveyLC[/i] Its still fucked Ian. [/quote] Euro first as I didn't know you were talking about dollars when I first saw the graph - you might argue that the pound was more 'fucked' early 2012 and indeed some time before nothing to do with leaving the EU. In fact I do believe current levels are higher than 2012? [img]https://s32.postimg.org/4kd4sp62d/gbpeur5y.jpg[/img] Then on to the dollar, firstly the long term picture which includes a time when you could get $2 for your £1 so in terms of going on holiday, dollars have been fucked since 2008. [img]https://s32.postimg.org/94zb7mprp/gbpusd10y.jpg[/img] Or what about the 1Y picture in which we see that the pound was on the way down anyway? You might argue that if it continued on the trajectory August 15 to Jan 16 that it would have eventually got to 1.30 anyway? Or is there some big reason why it wouldn't? That trend says a lot and I don't really buy that its entirely down to the decision to leave. Even if the referendum was on the cards the result certainly wasn't, explain what we were doing wrong the tail end of 2015 and how you planned to stop that downturn? [img]https://s32.postimg.org/8590bxalx/gbpusd1y.jpg[/img] Really you can make the graphs do whatever you want. Do also remember in all of this that exports are cheaper, I've been busier and I know a one man niche band isn't the country but I can't be alone. [Edited on 14-07-2016 by Ian] [/quote]
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