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.
Read more … →“We think this rebound in sentiment toward cable may be reaching its peak,” - Ned Rumpeltin at TD Securities.
Read more … →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.
Read more … →Another poll has confirmed an emerging trend that could ultimately settle the impending referendum on UK membership - providing further support to the GBP.
Read more … →Latest data concerning the flows of foreign currency shows the British pound has been subject to ‘aggressive’ buying.
Read more … →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.
Read more … →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.
Read more … →