It seems like the sky is falling over the paund. But isnt this scenario one of the best cases for the british currency? Of course it is. The biggest fear of BREXIT is already priced in the paund, so the surprises could be only positive, except of course the worst case scenario, which still is quite distant in time. The british paund is also testing its bottom which give the traders a very good level to limit their losses. So good luck to all brave investors. It seems reasonable to long paund against the euro, yen and dollar.