The Telegraph newspaper on Sunday

  • More than 50 Conservative MPs (i.e. the governing party) will urge British voters to leave the EU unless PM Cameron can negotiate better terms for membership
  • The referendum is due by 2017

"We wish David Cameron every success but, unless senior EU officials awake to the possibility that one of the EU's largest members is serious about a fundamental change in our relationship, our recommendation to British voters seems likely to be exit."

More at the article.

Is a Brexit good or bad for the UK economy and good or bad for GBP? I reckon its not a positive but I've heard reasonable arguments on the other side.

I'd be disregarding that final candle on this chart, I've got 1.5270 as a close for the US on Friday