> Note: the GBPUSD hit a 31 year low today Alternatively, it's approximately the same value today as it was in February this year. Yes, it briefly hit that lo

> Note: the GBPUSD hit a 31 year low today Alternatively, it's approximately the same value today as it was in February this year. Yes, it briefly hit that low, but bounced back above it almost immediately. The drop in the GBP also isn't as precipitous as some are making out when you realise that half of the value of the drop was added in the 10 days leading up the vote. So yeah, it's not great, but it's nowhere near the levels of doom and gloom that some people are making it out to be. Edit: and if you look at the FTSE 100 priced in USD over the last month, it paints a slightly saner story also. Much of the fall "caused by a vote to leave" was just correcting buildup that happened in the last 10 days or so.