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2016-10-06 — bloomberg.com
The shadow of a hard Brexit is spreading across Britain's financial markets, with the pound's drop to a 31-year low versus the dollar leading the way.
...
"There's been a sea change in the sterling market," said Jane Foley, a senior strategist in London at Rabobank International, which predicts a drop to $1.25 by mid-2017. "Suddenly, with March on the horizon, we're beginning to see some of the risks associated with Brexit coming into full focus. The market is more worried now about the future than the present."
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