#Brexit Mania!

Today, hot as pancake, in the news UK speak up! UK voted to leave European Union in landmark referendum.

The news is followed by UK Prime Minister David Cameron to step down his post.

So what's the effect of this scenario to the big 5 currencies? Let's take a look one by one.

USDCHF 

Hi: 0.9800

Lo: 0.9531

Variance: 269 pips

AUDUSD

Hi: 0.7644

Lo: 0.7300

Variance: 344 pips

USDJPY 

Hi: 106.79

Lo: 98.92

Variance: 787 pips

EURUSD 

Hi: 1.1425

Lo: 1.0909

Variance: 516 pips

GBPUSD 

Hi: 1.5015

Lo: 1.3223

Variance: 1,792 pips

Today we had extreme movements of the market. Since 1985, UK touched an ultime low. It seems to be finding a good bouncing point towards a potential ultime high. My bet is next year the soonest.

Happy trading everyone!