Contrary to many polls and the bookmakers predicting the UK to remain in the EU, but the UK public have voted to leave the EU. Truthfully, many are surprised by the outcome.
We are likely to see volatility in the currency markets as well as the stock markets for the next few days. At the time of writing, Sterling had not fallen as predicted. Prior to the result announcement, the pound was trading at approximately €1.30 this morning, but as the result was announced, the pound dropped to €1.23, and continues to range between €1.22 and €1.24 against the Euro.