Fresh moves and on fresh data, not real results. The initial polls showed a lead of 52% for Remain according to YouGov. And now new data is in. It is still far from over, but the Remain camp has the initial momentum.
GBP/USD reaches a new high of 1.5008.
Update: UK leaves the EU – it is official – expect more crashes
Update:There are reports that Nigel Farage backtracks on his concession. We are seeing another profit taking move with a slide to 1.4965.
Update:Â GBP/USD crashes to 1.48 on Newcastle report
And GBP/USD < 1.43 and bounces 200 pips on Sunderland Leave WinÂ
In addition, the early counting of postal votes from Sunderland shows a 60% lead for Leave, above the 56.5% expected and discussed in our preview.
Here are the reasons for the fresh move which also impacts other currencies.
- Another poll shows 54% for Lead. This is an Ipsos Mori poll released just now.
- Sun concedes loss. It’s front page for tomorrow is an admittance of the loss. T
Earlier, Nigel Farage, the head of UKIP said that Remain “edged itâ€. According to some reports, this is based on private polls.
More:
- our preview
- Is your broker Brexit ready?
- Brexit or Bremain – all the updates