The British pound has just fallen off a cliff, falling close to 3% from its earlier session highs.
At at 9.20am AEST, the GBP/USD trades at 1.4553, down 2.18% from Thursday’s close.
The plunge coincides with a resounding victory for the “leave” campaign in Sunderland in the EU referendum.
Here’s the 5-minute chart.
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