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.
June 1,2016
“We think this rebound in sentiment toward cable may be reaching its peak,” - Ned Rumpeltin at TD Securities.
May 31,2016
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.
May 26,2016
Another poll has confirmed an emerging trend that could ultimately settle the impending referendum on UK membership - providing further support to the GBP.
May 25,2016
Latest data concerning the flows of foreign currency shows the British pound has been subject to ‘aggressive’ buying.
May 26,2016
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.
May 26,2016
We have been warning over the past 24 hours that a number of key GBP pairs were looking incredibly overbought, and that a correction lower would be required to balance the market.
May 23,2016
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