The U.K. has voted by a substantial margin to leave the European Union in a landmark referendum. The out campaign secured the victory, with the Leave side winning 52% of the vote, against 48% to remain. Scotland and London voted overwhelmingly for remain, but Wales and the U.K. outside London voted for Brexit.
The referendum turnout was 72%, with more than 30 million people voting. British Prime Minister David Cameron was expected to make a statement calling for stability and unity following the shock result. UKIP leader Nigel Farage said the Leave campaign had won a victory for "real people", and said 23 June should go down as "Independence Day".
Sterling is currently being traded few points above 1.35 level. Pair is likely to find support around 1.33 handle and resistance above 1.38 level.