If Britain successfully opts to step out of the European Union i.e in case of Brexit, the Indian rupee is expected to depreciate against the British Pound in the short to medium term after Brexit. As per the GBP to INR currency forecast 2020, the exchange rate can reach the level of 1.35 to 1.40 in the case of Brexit while can sharply fall to 1.20/25 level in the case of no-Brexit.