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Boom: bigger than expected win for Leave in Sunderland sends GBP/USD temporarily below 1.43 and now we have a bounce to 1.44. Update: the bounce continues: already 300 pips from the lows.

Sunderland 51,930 38.66% 82,394 61.34%. This is wider than the 56% lead that was expected. In addition, it joins the Newcastle  upset. Remain won but with  a narrow margin of 51% against around 66% expected.

Follow:  EU Referendum Real Results Live Blog

It’s now  69% only for Remain according to bookmakers.

Looks like stops were triggered on GBP/USD – the falls are not that big on EUR/USD and others.

Leave is currently in the lead with 51% against 49%. This is according to  5 out of 382 areas reporting. It’s a long night.

And after the big collapse, we are back to 1.4555, around 250 pips from the  swing low of 1.4286.


GBPUSD on Sunderalnd crash


And a reminder of expectations:

EU Referendum first counties to report results