Pressure continues to build, just as we said it would after the U.S. midterm “bitch slap” of the Trump administration, for a second referendum on BREXIT, which will likely lose.
Polls now show British public opinion in favor of remaining in the EU.
This not priced and we would be looking to get long cable (pound sterling/dollar) on weakness amidst the political chaos haunting the U.K.
I made it explicitly clear to the SNP and others that the priority must be stepping up efforts to build the momentum for a People’s Vote That has been the priority for the Liberal Democrats for over two years, and it remains so. I am glad the other opposition parties were today able to agree to work together to achieve a People’s Vote, including the option to remain in the EU. — Vince Cable, Liberal Democrat leader
We are also fading race-baiting populism, especially after the U.S. midterm repudiation.