Did you know Bloomberg has a Brexit indicator?
If not (like me) you do now.
Bloomers is running a Brexit Barometer and the latest reading is showing some sunshine behind the clouds after Macron's win in France.
The indicator is made up of 4 components, employment, growth, inflation and uncertainty (the full methodology is explained here).
Whether we can use it for trading the pound is another matter but as we've got no other metrics to watch Brexit on, we might as well keep an eye on it.
Brexit index vs GBPUSD
