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No to Scottish Independence say major networks

Sky News, the Guardian and the BBC now see a clear picture for a No vote, even if there still is a mathematical chance for a Yes. The Better Together campaign is celebrating. The Yes campaign is not conceding yet, but the mood is quite sour.

Scotland says No – it’s almost official.

And that’s it:  Scotland officially rejects independence – it’s all over

Is GBP/USD beginning to sell the fact?  The pair is still trading around 1.65, not challenging the highs seen early in the evening.

At the time of writing, 26 out of 32 regions have made their counts officials, and there is a 54% lead for the No Thanks campaign. Data is still missing from  Edinburgh.

This current lead matches the result seen in YouGov’s poll that was held after the vote.

On the upside, we have 1.6523, which was the high of the day. On the downside we have 1.6445. We are still in the Asian session and  liquidity is thin.

Edinburgh also says No, and it’s the capital.

Update: after 29/;32 declared, the No needs just around 85K votes for this to be officially over.

Here is a recent chart of GBP/USD showing a slide at the same time that the No vote is consolidating:

GBPUSD Selling the fact September 19 after Scots vote against independence pound dollar

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.