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Thank you so much for the quick replies! I will have to spend some time digesting the options but one question immediately springs to mind. Wouldn't creating a buy and short position of equal sizes be effective as a way to protect myself from loss?

Hi, I will try and keep this short and simple. I'm moving to the USA soon from the UK. GBP has taken such a hammering over brexit that it has already made it a lot harder. I would like to leverage some of my savings in order to hedge against further devaluation of GBP against USD. Can anyone...