GBP/USD plummets to more than 3 decades as Britons support Brexit

by Jonathan Adams

Yesterday’s trade saw GBP/USD within the range of 1.4743-1.4947. The pair closed at 1.4877, rising 1.15% compared to Wednesday’s close. It has been the 128th gain in the past 279 trading days. However, the major pair has lost 5.33% of its value so far in June, following a 0.92% drop in the prior month.

At 6:44 GMT today GBP/USD was losing 7.78% on the day to trade at 1.3720. The pair touched a daily high at 1.5018 during the early phase of the Asian trading session, or the highest level since December 16th 2015, and a daily low at 1.3231 during late Asian trade.

On Friday GBP/USD trading may be influenced by the following macroeconomic reports and other events as listed below.

This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

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