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European shares skidded on Friday, largely helped by a one-year low of Germany’s DAX that was impacted by German exports being at their lowest since January 2009 and wiped out the sterling’s two year high against the euro after Scotland voted no.

But what would have happened if Scotland had said yes?

Hantec Markets are FX traders and have analysed at what the final evaluations of the Scottish industries, the historic GDP growth rates for both countries and what would have happened to the sterling if Scotland said yes.

What if Scotland said yes? Click image to enlarge