Using 2 weeks pre Brexit averaged price of 2.80 GBP (appr 5.50 AUD @ time); forecast GBP-USD rate 1.20 dropping same in relation to AUD (currently at 1.34) and allowing what's happened to RBS/Barclays etc (30-35% in two days so allowing 40%)... CYB could go as low as $2.10AUD if SP didn't rebound before GBP reached 1.20.
Purely economic calculation and no allowance for the actual CYB fundamentals, charts or CYB specific sentiment.
Brexit!, page-17
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