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U.K. Voters Back 'Brexit,' Will Leave European Union

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by , 06-24-2016 at 03:35 PM (1017 Views)
      
   
GBP/USD M5: 1,639 pips price movement by Brexit Referendum Results Expectation

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  • "The U.K. is poised to leave the European Union after a historic referendum, vote tallies showed early Friday, setting the stage for an unprecedented and messy untangling with far-reaching implications."
  • "As of 6:05 a.m. local time Friday (1:05 a.m. ET), NBC's British partner ITV News put "Leave" at 51.8 percent with "Remain" garnering 48.2 percent, with the "Leave" campaign racking up the necessary 16.8 million votes to win."
  • "The results in favor of an exit — or "Brexit" — sent shockwaves through global markets. The pound plunged to $1.35, it's lowest level since 1985."


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