Brexit and the Pound: How to Trade the Untradeable

The video discusses the uncertainty surrounding Brexit and its potential impact on the British pound. Analysts predict different outcomes based on various Brexit scenarios, including a softer Brexit, a hard Brexit, or extending Article 50. Viraj Patel suggests that a softer Brexit could strengthen the pound, while David Bloom warns of a significant drop if the UK exits without a trade deal. The Bank of England's worst-case scenario predicts the pound could fall below parity with the dollar. The video highlights the complexity and unpredictability of the situation.

What does Viraj Patel suggest about the potential strengthening of the cable in the event of a softer Brexit?

According to David Bloom, what could be the potential impact on Sterling if the UK stays in the EU?

What is the worst-case scenario predicted by the Bank of England regarding the Brexit situation?

What level could the pound potentially drop to in a disorderly Brexit according to Carney's warning?

What uncertainty surrounds the future trading of Sterling as mentioned in the text?