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After the 2016 referendum, the pound fell sharply against the dollar, as predicted in a Reuters survey. On Thursday, the exchange rate was near $1.31, well below pre-referendum levels.
Nearly three years after the British referendum decided to withdraw from the EU, it is still unclear when and how Britain will withdraw from the EU, and even whether it will withdraw from the EU.
A Reuters poll from April 1 to 4 showed that if Britain withdraws smoothly with an agreement, the pound will rise by about 3%, and if the road to withdrawal is blocked and no agreement is reached, it will probably fall by 5%.

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