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.
CYB Price at posting:
$4.14 Sentiment: None Disclosure: Not Held