What will happen to the Pound after June 23rd?

NatCen Poll has it Neck & Neck leading into the final week.

The latest NatCen Social Research 'Poll of Polls' shows British voters are evenly split, this poll averages out the six most recent surveys, carried out between 1 and 10 June.

Results from the latest surveys suggest that both "Remain and "Leave" sides are split evenly. Individually, three of the six polls give the "Leave" campaign a lead, while three give Remain the lead, too tight to predict eh!

So what happens to the Pound on June 24th?

Well... it depends on the result as you would expect, the day after the referendum, if we vote to "Leave" the pound will either sink to the lowest level in more than three decades and the UK will be sent into a deep recession or if we Vote to "Remain" the pound will climb towards the highest levels of this year and the economy will tick over the same and have a solid chance to grow.

A highly valued survey of economists say that June 24th is likely to see further big swings in the UK currency pairings.

Like I said a week or so ago, at the moment, with the EU Referendum the exchange rate has become very easy to predict, ever time the "Remain" campaign gains support the Pound gets stronger and each time the "Leave" campaign have success then the Pound weakens, simple.

If you have currency to exchange, especially to buy a French property or funds from a French property sale to return to Sterling then timing is key, unless of course you can predict the outcome of the EU Referendum?

But once the result is out, at least now you know what may happen in terms of Sterling gaining lost ground after a "Remain" result or losing further ground, going down like a Lead Balloon following a "Brexit"; then you can act quickly and confidently.

So what to do now?

If you do have a pending currency exchange requirement then 'Create an account' via the FC Exchange website.

If you have not used a currency trader before then read our article Using a Currency Trader: The basics.

We all want to get the most Euros for our Pound but how do you do this? read our article on How do I get the best Exchange rate deal?

Do you want more information ?

So if you need to buy or sell sterling and would like to be kept up to date with all the latest data releases and exchange rate movements then feel free to contact myself Ben Amrany. If you are buying or selling a house in France we will make sure your monies are in the right place at the right time, we work hand in hand with you and Cle France.

For more information on the currency service I can provide please feel free to contact myself...

Ben Amrany from FC Exchange follow this link or phone and ask for myself and quote "Cle France" on 020 7989 0000.

You may contact me directly using this form (click here) with your requirement and I will explain the options that are available to you in getting the best exchange rate.