Sterling Hits Lowest Levels Since September 1985, GBP/USD at 1.20 a Risk
Posted: Thu Jun 23, 2016 3:47 am
The bottom has fell out from the market as the British pound is moving below 1.35 to the U.S. dollar. The overall vote is still close with 51.4 per cent voting for the leave camp, but the number of regions that have not reported yet is rapidly declining. The hopes for a vote against Brexit are now pinned on London, which is full of sleepless traders rolling their eyes at their screens.
The GBP/USD is currently trading at 1.3450 with some experienced traders sharing with Finance Magnates that the bottom has fell off from the market and that the decisive break ... (read more)