From: Raggytash - PM
Date: 01 Nov 17 - 10:21 AM
so then Nigel, what is the overlying trend in the 16 months since the Referendum say compared to the 16 months before the referendum.

Continuing to fall (overall) to make the pound show a better view of its true value.
The fall started well before the vote, even though all the pundits thought we would stay in the EU.
A re-balancing was overdue.
25/2/15 (6 months before vote) 1.3665
23/6/16 (day of vote) 1.305
31/10/17 (yesterday) 1.141