Great Britain votes for repeat referendum

As to www.vortexassets.com, the preliminary results of referendum resulted in Black Friday for GB Pound. Since before all the votes are counted, British currency has collapsed against US dollar by 11.93% (1792 basis points) to 1.3226. Forex traders were opening GBP/USD short positions over all currency market range, so it suffered the greatest losses. EUR/USD rate dropped three times smaller only by 516 basis points to 1.0911. The increase of EUR/GBP cross rate eased pressure on EURO. Gold, being, safe assets, added 8.63% to $1358.21/oz. Oil dropped by 3.46% to $47.52/bl. And all these events had occurred in forex exchanges throughout the world before official results were made public. www.vortexassets experts don’t consider it to be a surprise that on receipt of the news that 52% of UK people voted for Brexit, upward correction in currency market began. GBP/USD recovered 38% of earlier drop (754 basis points) to 1.5018 from the historic low of 1.3226. EUR/USD restored 50% of decrease to 1.1427 from 1.0911. As to Bloomberg, Swiss National Bank intervened in the foreign-exchange market in response to Brexit. www.vortexaseets columnist are sure that it was made in order to prevent Swiss Franc from excessive strengthening against Euro currency. Forex traders and online broker were informed, that regulator had promised to monitor the situation and to keep currency market presence. UK people, in their turn, sign a petition about referendum repeat. Another 30 thousand subscriptions are necessary for the document to be investigated in the Parliament.