Goldman Sachs one what to do with the pound on the Brexit vote
As was the case for all major currencies, Sterling went up in response to the very weak US Jobs report on Friday (June 3), but in relative terms it underperformed. The GBP depreciated vis-a-vis the G-10 currencies (with the exception of the USD), a trend that picked up again about ten days ago, when polls on the upcoming referendum on the UK’s membership of the European Union suggested again that the outcome would be a close call.
