How Much Lower Can Sterling Go?

The video discusses the decline of the British pound, highlighting its historical lows and current market conditions. Analysts have revised forecasts, predicting further declines. The impact of rate expectations and political events, such as Brexit, are examined. The pound's behavior is compared to emerging market currencies, indicating a shift in its perception as a reserve currency.

How has the correlation between the pound and UK rates markets changed recently?

In what way is the pound starting to behave more like an emerging market currency?