TenkoFX - Analytics


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    Latest polls are in and GBP/USD testing 1.5000 Ross J Burland

    GBP/USD is on the bid still with Betfair odds at 89% and the Yougov on the day poll with the Remain Camp at 52% and the Leave campaign at 48%. Ladborkes Remain 1/12 Leave 7/1, William Hill Remain 1/9, leave 5/1.GBP/USD made high of 1.5003 currently at 1.4960 in early Asia at time of writing. We are on the way now to the EU referendum results, while there are no scheduled time for these the polling stations closed at 10BST, so counting has begin. There will not be any exit polls.   The first announcement of voter turnout is expected at 2330BST but SKy News have it 83.7%, so this should be favourable to the remain camp.The first results are expected at 0000BST while the first key result from Sunderland, Wandsworth and Foyle are expected at 0030BST. Then by 0330 BST, results from about 50% of areas are expected to have been announced. 0500 BST, 80% and all should be wrapped up with a formal result by about 0700BST.GBP/USD levelsOn the wide today with thin markets, some banks not even prepared to quote. On the upside with Bremain favoured, 1.5000, 1.5108, 1.5237, 1.5330. To the downside on a Brexit, 1.4824, 1.4711, 1.4640, 1.4432, 1.4093, 1.4011, 1.3834 and lower...

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