The historic fall of Sterling
The chancellors mini budget driving the selloff, how low can she go? Selling in the overnight Asian session on Monday the 26th of September 20022 resulted in Sterling against the US dollar trading to levels last seen 37-years ago. The 1985 low was 1.0520, a previous all-time base. Pepperstone registered a base of 1.0353 this morning. A new historic low print for cable (GBPUSD).