GBP/USD flying high as ‘Bremain’ odds surged to 74% - Rabobank

Michael Every, Head of Financial Markets Research at Rabobank, notes that the GBP/USD is up to 1.44 as ‘Bremain’ odds have surged to 74% along with the Bloomberg composite poll tracker ‘Brexit’ support dipping to 42% vs. 48% on 15 June.

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“However, there could potentially still be some room for ‘Anarchy in the UK’ markets, or at least volatility, if those odds start to shift back. (Of course, we all sincerely hope both sides of the referendum campaign will stick to their recent pledges to tone it down and remain mutually respectful following the appalling murder of MP Jo Cox last week.)”