Pound Momentum Won't Continue: Panmure Gordon's French

The video discusses the potential for a no-deal Brexit, highlighting the complexities and uncertainties involved. It analyzes the movement of sterling against the US dollar, driven by speculation and risk premium. The challenges faced by headline writers in summarizing Brexit developments are also addressed. The video concludes with a discussion on the market risk premium and the fair value of sterling, emphasizing the ongoing uncertainty in the markets.

What is the fair value for sterling dollar according to the speaker?

What does the speaker imply about market uncertainty regarding sterling?