Paypal Rate Of Exchange On British Pound

I don't think the emotions are insane. There was a good deal of acting on bad information, just before the vote and immediately after it, when the £ held its price because the banks and funds got their exit polling wrong. There was then what we might call an emotional over-reaction to the result, when people thought the world was going to change irrevocably. The likelihood is that it won't change that much - the UK will either have a renegotiation of the type the EU should have conducted in February, and stay in, or negotiate an exit on not too dissimilar terms. Just my ten cents, of course, and there are many if those around.