I’m struggling to understand why my portfolio dropped 1.5% overnight. Possibly user error, but I think something is wrong.
At 20:50 my balance was £40,302.40. But at 06:01 this morning, it was £39,746.92 - a fall of £555.48 - not far off 1.5%.
Now, this might be explained by exchange rates. Roughly 30% of my portfolio is in USD stocks, maybe 40%, not sure.
So if the GBP had strengthened by around 5bp overnight, from 1.16 to 1.21, that could explain it.
But the GBP has not been strengthening, as we all know.
So what else could explain it? Or are there more technical issues?
Thanks
James
