Hi @J_Westlock, Yes nice chart, illustrates my point pretty well. I dont think its anything very surprising or controversial is it ?. Companies who mainly earn their income overseas are adversely affected if the GBP strengthens and vice-versa. Pretty sure you would see the same effect in many other FTSE 100 foreign earners. Look at today by way of example GBP down, GSK up while most others things are down. Much the same goes for AZN the other big pharma I think - but Ive never held that so i dont follow it too closely.
Did the market just give its verdict on yesterdays ITV election interview or is this US-China trade deal disappointment ?. Most financials being whacked quite hard…
Still a down day might give me the opportunity to pick up one of my target ETFs with the cash from my IAPD sale yesterday.