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by ronnier 3448 days ago
It looks like the GBP has been in decline for years.

Here's the last 10 years: http://www.xe.com/currencycharts/?from=GBP&to=USD&view=10Y
2 comments
pmontra 3448 days ago
The GBP has been pretty stable against the dollar in normal times. The graph shows two discontinuities: the 2008 crisis and Brexit.

There was a stable level at 1.95 in 2007-2008, then a drop and a sinusoid around 1.55 for 8 years, then another drop to lower levels after Brexit. We'll see where it goes from there.

link
pawadu 3448 days ago
Yes, but you can also see the decline rate increased significantly after Brexit.

(not that currency exchange rate is by any means a health indicator)

link