The pound came under renewed selling pressure on Monday, falling back towards a 31-year trough after the U.K. voted to leave the European Union on Friday, triggering a massive selloff in global markets.
was last down 1.83% at 1.3427, after falling as low as 1.3356 overnight, not far from the lows of 1.3228 set on Friday, the weakest since 1985.
The vote could lead to a breakup of the U.K., with Scotland now highly likely to hold a second independence referendum.
The pound fell back towards two-year lows against the euro, with rising 1.23% to 0.8227, closing in on Friday’s peaks of 0.8312.
The pound was down almost 2% against the yen, with GBP/USD at 137.13, after reaching a 3-1/2-year low of 133.65 on Friday.
The euro also came under pressure against the dollar and the safe haven yen amid fears that the impact of Brexit would cloud the outlook for the EU and the euro area economy.
slid 0.61% to 1.1047, while was down 0.69% at 112.85.
The dollar was steady against the yen, with at 102.15, after falling to lows of 99.15 on Friday, the weakest level since November 2013.
SELL GBPINR BELOW 90.60 TGT 90.50-90.40-90.30 SL 90.80 ABOVE CMP 90.61-63
