020 7898 0500A strong start to the week has seen sterling push to the highest levels of the month against both the euro and US dollar as the UK prepares to go to the polls on Thursday. With the latest opinion polls indicating that the likelihood of Britain leaving the EU is subsiding, sterling gained fresh momentum ahead of Thursday’s vote.
Sterling jumped over 2% against the US dollar, its largest single day gain in 7 years. With momentum seemingly swinging in favour of the Remain camp for the time being, sterling could find further support ahead of the referendum.
Today sees no significant economic data released from the UK, with the focus remaining on the upcoming referendum.
If you are looking to buy or sell sterling, we suggest contacting your trader now for live rates, news and currency-purchasing strategies.
