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[WedgeX]

The GBP is taking a beating with the more dire Brexit possibilities.

History of GBP/USD since 1791. Only in 1984 and 1985 was it lower for the year.

Update:

Now at its second lowest, above only 1985.

 

[Rentahamster]

Time for me to book a vacation to London.

 

[Cipherr]

Holy crap...

 

[Seth Enosh]

Huh, if Brexit happens it may be time to take a vacation to sightsee in the UK

 

[HarryKS]

Time to buy.

 

[Kurdel]

Huh, if Brexit happens it may be time to take a vacation to sightsee in the UK

It just happened

 

[zsynqx]

Sigh, we fucked it

 

[Kathian]

It's fine folks. Gordon Brown will save us. It's all under control.

 

[Gorger]

Jesus this is sad. The length people will go to fuck themselves over I will never understand.

 

[gutter_trash]

fuck! I just bought classic footy shirt online from a UK site yesterday!

 

[Goodstyle]

What an embarrassment. As long as you're taking back control right? Fuck, this is what happens when a nation succumbs to the fear-mongering of regressive racists.

 

[Rentahamster]

I wonder if anyone shortsold the currency. Someone see if George Soros just made a shitload of money again lol.

 

[riotous]

It's really.... taking a pounding.

 

[Black Republican]

It's really.... taking a pounding.

a great pounding

 

[Garrett Hawke]

Good. Fuck anyone who voted for this.

 

[ShadowSwordmaster]

 

[Vincent Alexander]

Is there a place I can watch live coverage of this?

 

[Staccat0]

Like any good American, I am just trying to figure out how this effects ME.

Also I am very sad. Glad I visited the place BEFORE it turned into a foggy Mad Max hells cape. Worried about my British friends with complicated jobs.

 

[reckless]

RIP UK economy.

Voters just getting what they were told is gonna happen.

 

[Guevara]

Time for me to book a vacation to London.

.

And I don't know, but some tea or whatever you guys have over there.

 

[Grizzlyjin]

And I thought Stay had such sterling prospects.


But seriously, stay strong UK-GAF.

 

[Antiwhippy]

Is it predicted to drop further?

There are a few things I want to buy...

 

[Omikaru]

Good. Fuck anyone who voted for this.

Those of us who voted to remain will also suffer.

 

[Rentahamster]

.

And I don't know, but some tea or whatever you guys have over there.

Time for a US GAF party in the UK. Let's go!

 

[perfectchaos007]

wow when i was a kid I remember the Pound being twice the value of a USD. 1 GBP = 2 USD. Now 3 GBP = only 4 USD

 

[FyreWulff]

This is why you never use currency as investment btw

 

[Garrett Hawke]

Those of us who voted to remain will also suffer.

True. But fucking hell. Guess we can say "I told you so".

 

[Delusibeta]

Ironically, the USD is also getting slightly dinged by this. All the investors are running to the Yen, resulting in this impressive graph and a whopping 12% reduction of the power of the pound compared to the yen.

 

[Kathian]

Posting this from other thread;

Omg Suzanne Evans (UKIPer) just claimed on Radio 4 the markets are crashing due to project fear and government propaganda.

She also talked loyalty to your country and the markets should show some.

What a mad fucking loony moron.

She then said that leaving the EU will protect us from the volatility created in the Euro.

 

[IdreamofHIME]

wow when i was a kid I remember the Pound being twice the value of a USD. 1 GBP = 2 USD. Now 3 GBP = only 4 USD

Those were the good old days. Take a holiday to Florida and fill up a suitcase or two to bring home with clothes and shit. It was like a massive 50% off sale.
...and the amount of US games I imported. Yikes.

 

[Abstrusity]

I'd love to buy plenty of things from the Brits. Too bad they won't have anything because the rest of Europe has most of the materials. It's okay, though -- when I vacation, I'll trade my crisp one dollar bill for a couple hundred of your pounds.

 

[gutter_trash]

 

[East Lake]

Is there a place I can watch live coverage of this?

You can stream on Bloomberg's site.

 

[Cormano]

Time for the UK to join the eurozone.

 

[Vincent Alexander]

Got it live now. Thanks!

Wow. Why does everyone in North vote to Remain so strongly compared to rest of UK?

Oh. It's Scotland that wants to stay. Will it be shitty for me to hope Scotland votes to leave UK after this? Or is that just more pain?

 

[Übermatik]

Fuck it all to hell. Nice one lads, you fluffed it.

 

[El Topo]

Time for the UK to join the eurozone.

They're leaving EU.

 

[Delusibeta]

DailyFx.com has completely given up at this point.

 

[Tagg9]

Do you mean 1971?

 

[Rellik]

Time for the UK to join the eurozone.

We're gone.

 

[numble]

They're leaving EU.

You can adopt the euro as official currency without being part of the EU (Andorra, Monaco, San Marino, Vatican City, Kosovo and Montenegro).

 

[WedgeX]

Do you mean 1971?

Nope. GBP/USD has been tracked since 1791.

 

[WonkyPanda]

Like any good American, I am just trying to figure out how this effects ME.

Also I am very sad. Glad I visited the place BEFORE it turned into a foggy Mad Max hells cape. Worried about my British friends with complicated jobs.

It could have global repercussions. Expect stagnant, or even lower rates. Markets could be hit heavily for a while (think 401k). It could lead to a mini-recession in its most extreme.

 

[MMarston]

Time for the UK to join the eurozone.

Wah wah waaaaah

 

[Vincent Alexander]

This guy on CNN doesn't understand how influence and power works.

 

[El Topo]

You can adopt the euro as official currency without being part of the EU (Andorra, Monaco, San Marino, Vatican City, Kosovo and Montenegro).

That simply would not work with a country like UK. These are obvious exceptions (that I had really, totally, absolutely not forgotten).

 

[ShadowSwordmaster]

This guy on CNN doesn't understand how influence and power works.

Try the BBC stream.

 

[Vincent Alexander]

Thanks. On it now. CNN itself has been all right---it was mostly one guest who came on in support of Brexit. He really made my head hurt.

 

[UltraGunner]

Anyone know if GAME takes US orders

 

[Aureon]

Ironically, the USD is also getting slightly dinged by this. All the investors are running to the Yen, resulting in this impressive graph and a whopping 12% reduction of the power of the pound compared to the yen.

18% now.