Is the Pound Undervalued?

With Britain heading for a no-deal Brexit, market experts advise how investors can brace for a sterling bounce - or even a slump

Anna Fedorova 17 September, 2019 | 9:35AM

Pound notes

The British pound has been on a wild ride ever since the EU referendum in 2016, and recent months have only exacerbated these swings as the country teeters on the edge of a potentially disastrous no-deal divorce from the European Union. 

Since the Brexit vote, the British currency has fallen 16% against the US dollar, and now most experts agree that sterling is fundamentally undervalued, with many seeing the possibility of a 10 to 20% rally.

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About Author

Anna Fedorova  Anna Fedorova is a freelance journalist writing on investment and personal finance

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