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has this been asked before ?  cant find a link so ill ask here,     i  am in uk,       i have not the slightest insight regarding currencies and money affairs,   i have lost a lot of money in LOS due to being " thick " .

 

so seeking help from experts here or at least those with more sense than myself 555.

what is likely scenario after brexit ?        GBP to fall further, baht gets stronger ?    after all GBP has steadilly been falling for how long now ? 

 

what are your thoughts for the future  

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If we actually manage to leave with a deal that most consider a compromise there certainly wont be any downside and Sterling will certainly surge against the Dollar initially and as such Sterling/Baht will rise on the back of it
 
Leave with no deal and all bets are off. Quite possible Sterling will fall to $1.10. That would put Sterling/Baht at around 33. My view is we'll cobble together a deal and Sterling will start to rise.
That would be a deal for having one's cake and eating it. Prayers are in order.

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IMHO brexit has some affects of course and there are few English traitors here in Thailand IMHO and those people that target brexit here only think exchange rate and never planned there future for seismic events. 
 
Looking at expert financial future reviews the £ is gonna be at a 37 low and a 41 high for a long time to come unless Thailand takes a hit like it did in mid 2005. 
Personally I believe the Uk will prosper in time, maybe not in my time and believe the EU will collapse.
 
And then we woke up and GBPTHB had hit 38+ Good job some of us planned for the stupidity of a Hard Brexit.

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How did you lose money? By not transferring money when the exchange rate was more favourable?
 
The consensus is that the Bank of England may actually cut the Interest rate in the event of a 'no deal'. So perhaps a further drop in the value of the £.
 
https://www.ft.com/content/18ee4744-0c4e-11e9-acdc-4d9976f1533b
If the outcome of no-deal Brexit is a drop in intereest rates, then Sterling further down the chute.

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8 hours ago, FritsSikkink said:

Your biggest worry shouldn't be Brexit but if Scotland will be still in the UK. They have been sponsoring the UK for decades and when they will be independent, the pound will nose dive. 

Will Scotland still be using British pounds then?

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