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Not sure which graph you are looking at but Google Finance shows 2008, the Brexit referendum and Liz Truss giving the Pound/Dollar exchange rate a good kicking,

• roenxi 3y ago
  Maybe we should we all have a go at reading a story into the wiggly line? There was a sharp drop in 2008, back to where it was pre-2002 and seems to be pretty much on trend for the data set overall. There isn't anything to see in this exchange rate data. Even the apparent blip from 2016 probably wouldn't pass a good statistical test of being evidence of change. Exchange rates aren't even a good measure of how economies are doing relative to each other, or what the investment opportunities look like.
• rayiner 3y ago
  I’m looking at that graph. The Brexit referendum was in June 2016 and people expected it would fail. There was steep decline from May 2014 to December 2016. Since then it’s kind of been in the same range. It just seems to have nothing to do with Brexit. It just seems weird to me as a 90s kid that people are trying to connect Brexit to what seems to be a larger structural decline caused by globalism in the first place. (Of course if globalism is anyone’s fault it’s the British’s, so there’s that.)