GBP/USD plummets below 1.40 once again, Brexit a done deal?

The recovery in the GBP/USD pair lost steam in a fraction of seconds and the major plummeted once again to fresh multi-year lows to 1.3975, in a knee-jerk response to the latest exit vote.

The latest vote count revealed that a Brexit is almost a done deal now; with 6,450,417 favouring leave against 6,132,569 remain.

Looking at the voting count, Remain chances are diminishing as the areas where the Leave was supposed to  be close, those places Leave is leading with great margin, while Remain doesn’t seem to be as strong as thought in some places.

GBP/JPY smashed down to lowest levels since April l2013

GBP/JPY has been battered again with risk-off and illiquid markets fleeing to safe havens and cable back to the lows in this EU referendum frenzy.
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Latest Update: Cable Dips Below 1.40 But Next Hour Favours Remain - TDS

TD Securities’ model range includes both Leave and Remain, adding that for the first time tonight, their two forecast models point to different result
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