Current Level of GBP-USD Is Unsustainable, Says MUFG's Tan

The video discusses the ongoing chaos surrounding Brexit, highlighting the EU's tough stance with Theresa May. It explores investor concerns, particularly regarding the potential impacts on the foreign exchange markets, with predictions for the pound's value in different Brexit scenarios. The discussion includes differing opinions on preparedness for a no-deal Brexit and the binary nature of potential outcomes for the currency markets.

What are the expected impacts on the foreign exchange markets due to Brexit uncertainty?

What is the speaker's perspective on the sustainability of the current level of cable?