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Jameel Ahmad: Expecting an overall NO vote in the Scottish referendum - FXStreet

FXStreet (Łódź) - Jameel Ahmad, Chief Market Analyst for Forex Time (FXTM), believes that the pro-union campaigners will win the independence vote tomorrow, despite the surge of support for the YES camp.

Key quotes

"I also feel that an overall NO vote has not yet been priced into the market, despite the GBP rebounding in recent days."

"An upside break towards the high 1.65s should be on the cards, bearing in mind this is where the Cable was trading before investors became flustered by the YES vote gaining momentum."

"I feel that the recent warnings over rising food prices, corporations hinting that they would move headquarters away from Scotland, alongside unanswered questions over factors such as currency should sway voters towards the NO camp."

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