GBP/USd smashed lower on Sunderland Brexit big win

Ross J Burland FXStreet

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.

GBP/USD levels

Spot: 1.4545

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...

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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