GBP: It’s been priced in but how will the triggering of Article 50 impact the pound?

Since the vote to leave the European Union in June 2016 the pound has dropped by up to 20%. Views surrounding the pound’s future movements vary hugely among market analysts. For example, Barclays believes a rally is likely, while Deutsche Bank argues the opposite.

Sterling can take solace from the fact that each step forward in the Brexit negotiations will bring more clarity.