Plan ahead for trade negotiations

Trade deals are set to dominate the political and economic landscape in 2020 which could impact the pound in the months ahead.

The UK’s transition deadline to leave the EU is just 11 months away, so it’s no surprise that businesses and individuals are nervous that a deal won’t be done in time, which could mean unfavourable trade tariffs.

This uncertainty could weigh heavily on the pound and we expect more volatility as the trade talks progress.

But remember, volatility in currency is not always a bad thing – you just need to know how to take advantage of market swings with the right combination of products.

We’ve scoped out the potential impacts on the pound to help you get started.

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