GBP/USD has been smashed in thin liquidity on the back of the Sunderland results 51,930 vote to remain and 82,000 to leave.
GBP/USD went 1.4842 to 1.4286 on the result. This coupled with a lower than expected remain from Newcastle has GBP offered across the board. The current early votes tally 50.5% out and 49.5% remain. At time of writing, GBP is back to the 1.45 handle.
On the upside with Bremain favoured, 1.4600, 1.4650, 1.4700, 1.4780, 1.4840 1.4950, 1.5000, 1.5108, 1.5237, 1.5330. To the downside on Brexit sentiment, 1.4500, 1.4432,1.4280, 1.4200, 1.4150, 1.4093, 1.4011, 1.3834 and lower...
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.