Brexit or Not, EU Vote Puts Pound’s Future on the Line: Chart

The pound’s judgment day is approaching, and the currency market is bracing for an immediate reaction. The day after next week’s referendum on European Union membership, sterling will either sink to the lowest level since 1985 or climb toward the highest this year, according to a Bloomberg survey of economists. Most see a drop below $1.35 if Britons decide to leave the bloc on June 23, while the median estimate following a victory for the status quo is for it to jump to as high as $1.50.

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