GBP continues to recover - BNZ

Jason Wong, Currency Strategist at BNZ, notes that the GBP continued to recover from its lows reached late last week and was the strongest currency on Friday, with GBP/USD up 1.1% to 1.4358.

Key Quotes

 “Sentiment for “Remain” has improved since the murder of pro-EU MP Jo Cox. The first opinion poll conducted since that tragedy for the “Mail on Sunday” showed the Remain camp in the lead by 45% to 42%. The Survation telephone poll previously had the Leave camp in front. Betting odds show 74% for “Remain”, up from a low of 61% on Thursday.”