BMO Capital’s Gallo Sees Pound at 1.20 in Next 3 to 6 Months

The video discusses the potential decline of the Sterling Dollar Cable due to Brexit uncertainties, including the risks of a no-deal Brexit and political instability in the UK. It explores various Brexit scenarios, such as a no-deal Brexit, extensions, and potential elections. The video also examines the EU's role and the economic implications of Brexit, highlighting the challenges of renegotiating the Withdrawal Agreement and the broader economic impact on the eurozone.

What are the potential risks associated with a no deal Brexit as mentioned in the text?

What is the three to six month call for the Sterling Dollar Cable mentioned in the text?

What does the speaker suggest is virtually impossible regarding the Withdrawal Agreement?

What are the three scenarios discussed regarding the Brexit situation?

How does the speaker characterize the eurozone in relation to Brexit?