Brexit

77% surge in Britons looking for work in the US following the referendum result, according to world’s largest job site, Indeed.

The British pound continues to get weaker and the FTSE 250 is now 10% below its pre-referendum levels. This is the market’s verdict on an unforgivable lack of planning for the Brexit scenario by the UK government.

The GBP will take a cue from the Bank of England’s Governor Mark Carney who is set to outline his thinking on how Britain's economy is coping with last week's vote to leave the European Union in a speech on Thursday.

GBP/USD outlook: Where to place your stop loss orders if deciding to go long, the levels of support to consider and angles to approach Cable from over what is expected to be a wild couple of days.  

Analysts at Citibank, the world’s largest foreign exchange dealer, have updated markets on their latest views concerning the British pound’s outlook.

The most interesting analysis of a post-Brexit foreign exchange market has been given by NAB’s Nick Parsons who says the big loser of a Brexit will be the euro and we could see GBP/EUR rocket back towards its 2015 best.

There is a good chance sterling will continue falling over coming days but, the further it falls, the greater the recovery that is forecast on the assumption Remain will win the vote.

Ahead of the new week momentum is firmly pitted against the GBP.

The pound sterling is under pressure at the turn of the month as polling ahead of the EU referendum shows a shift back towards the Leave camp.

“We think this rebound in sentiment toward cable may be reaching its peak,” - Ned Rumpeltin at TD Securities.

With evidence mounting that the Remain camp is gaining advantage in the battle for the UK public’s allegiance ahead of the 23rd June vote we have noted the pound stage an impressive short-covering rally.

Research suggests that the potential impact on the value of pound sterling from a vote to leave the UK remains a concern for the UK public ahead of the June 23rd EU referendum.

The UK Treasury has revealed what they believe to be the “immediate economic impact of leaving the EU” which cites a negative shock to both jobs and the pound sterling exchange rate complex.

The GBP has cracked through an important barrier against the EUR on the back of news the Remain camp is pulling ahead in the EU referendum campaign.

The last two weeks have seen an apparent widening in poll results in favour of a Remain win, with polls more often showing a 10-point lead than not.

It is probably safe to say that the pound will lose even more ground, should the outcome of the EU-referendum be for UK to leave the union.

The British pound has not flinched against the euro on news that the Leave camp has no grown bigger than the Remain In camp with pollsters ICM.

The pound to euro exchange rate could fall back to levels last seen in 2011 over the course of coming months warns a leading international payments provider.

EUR/GBP may remain steady in April due to seasonal effects, however, Brexit inspired volatility could push the pair above 0.80 in the run up to the referendum.