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Will the GBP Perform a Rope a Dope in 2018?

The GBP/USD currency pair is trading around 1.34 heading into 2018. For the year to date, sterling has appreciated from 1.23 by $0.11 to stage what many consider to be a remarkable comeback given the pressures on the pound.
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FTSE 100 Index Drops Sharply as Trump Trade Diminishes

The UK all-share index – the FTSE 100 - is currently trading at 7,324.72. The index is up 18.28% over 1 year, but down sharply in recent days.
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Post-Brexit Reality Unlikely to Result in a UK Recession

Despite protestations to the contrary by economists and naysayers, the UK economy appears to be holding firm in the post-Brexit era.
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