As Albert Edwards warned earlier:
“The UK referendum is neck and neck. Commentators think it so close that the deciding factor could be whether it rains on Thursday – with rain seen reducing the Remain vote. How mad is that?“
And one look at the chart of GBPUSD shows he is correct…
As at 1016ET, The BBC reported “YELLOW WARNING OF RAIN ACROSS PARTS OF SOUTH-EAST ENGLAND”
Issued at 1016 on Wed 22 Jun 2016
Valid from 1800 on Wed 22 Jun to 0600 on Fri 24 Jun.
Although some areas will miss them, potentially intense thundery downpours seem likely to affect parts of the warning area from Wednesday late afternoon or early evening onwards into the early hours of Thursday or Thursday morning. Further scattered thunderstorms are then likely to break out from Thursday afternoon onwards into Thursday night.
It’s not the EU, it’s the weather stupid!!
Will the “remain” campaign be handing out umbrellas?
