SpurMeUp
Les Howe
The Sterling drop is, IMO, a temporary correction because the markets were uncharacteristically bullish last week and everyone bet on remain. They all had to cover their losses as much as possible by dumping Sterling again. The £ isn't down all that much compared to other lows over the past few months, it's just a particularly hard fall from the heights it had wrongly climbed last week.
I hope you are right. Markets will swing about now. No leader in place is a big problem. Many in fiance are not so bullish. The UKs credit rating has been downgraded across the board. Reading the FT feed is not for the faint hearted. It is woe followed by more woe. Maybe they are licking their wounds, and after the weekend confidence will return. At the moment confidence is shot.