Pound's Top Forecaster Sees Drop to $1.35 Before EU Vote

  • Validus says sterling may fall to $1.20 if `Brexit' happened
  • Trade-weighted pound at lowest in more than two years

‘Brexit’ Offering Opportunities for Investors

The pound is likely to fall to about $1.35 in the run-up to Britain’s referendum on European Union membership, according to the currency’s top forecaster.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.