At the moment we’re stalling here at 1.6500.
In emailed comments they say that the market appears to have adjusted to the prospect of the no vote and focus will return to monetary policy and divergence between the Fed and BOE
BNY Melon says that the political fallout to follow the vote may cap the pound rally too.
I’m getting a bit twitchy over my longs now but still want to wait for London to hit their desks before making a decision. It won;t be long as my mates who all work up there are just getting on the trains.
