We are running a forecast on this question and our crowd are saying there is a 32% chance this will happen. What I would like to know is what the reddit community think and see if its a big departure in one direction or another.
Here's a bit of background information that we shared with our crowd to help them make their predictions..
"The dynamics required for a successful Brexit may depend as much on political events on the continent over the next 12 months as any given UK domestic factors. General elections across Holland, France, Germany and possibly Italy may significantly strengthen or weaken the hand of Brussels and the fate (or at least the near term direction) for the euro.
Sterling still has the potential to either spectacularly crash or show surprising magnificently and rally hard in 2017. Whether any of this plays out before the end of June remains unclear.
And here was our specific question:
Will the sterling vs euro spot FX rate retrace post-Brexit losses to touch its pre-referendum exchange rate of 1.30 on any day’s close before June 30 2017?
Any input you are willing to share would be great. Thanks :-)
Submitted March 07, 2017 at 08:43AM by crowd-forecaster http://ift.tt/2mSlsLh
