Sterling slumps as the market opens
The Brexit vote is getting interesting in the final stretch before the June 23 decision.
An Observer/Opinium poll released Saturday showed the ‘leave’ side with a three point lead at 43% to 40% for ‘remain’. Cable is down 48 pips to 1.4470 as trading ramps up. The pair rallied Friday after a soft late in the day, perhaps with traders sensing the rising Brexit risk.
