GBP dropped as momentum shifts in favour of the ‘leave’ camp - BNZ

Kymberly Martin, Senior Market Strategist at BNZ, notes that the GBP dropped early this morning as it appears that momentum is moving in favour of the ‘leave’ camp for the upcoming referendum on EU membership.

Key Quotes

“An ICM phone poll showed 45% supported ‘leave’, 42% favoured ‘remain’ whilst 13% were undecided. The GBP/USD dropped from around 1.4650 to trade at 1.4480 currently. The EUR/USD also suffered some contagion.”