Sterling could appreciate if it turns out that markets have been overly
pessimistic about the impact of Brexit, HSBC says. That would reduce inflation
even though consumer demand might "hold up better," HSBC economist Simon Wells
says. However, U.K. consumers may be "in for a rude awakening" as the country
faces a "protracted period" of slow potential economic growth and reduced
employment, he says. "If they need to save more and spend less, this could weigh
on confidence and push demand growth even lower than the weak expected growth
effective supply."
Forex and stock traders are looking for the consistently wrong investor, trader and take the opposite position. This will obviously lead to winning trades for them. All traders have read trading books that point out that increasing volume is good for the continuation of the trend. Many new stock traders will try and fight the trend.
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