The pound was steady against the dollar on Wednesday, with one day to go before the U.K.’s referendum on European Union membership, as polls showed that the race between the Leave and Remain campaigns remains tight. GBP/USD was at 1.4644, holding below Monday’s six-month highs of 1.4782.An opinion poll on Tuesday showed that the campaign for the U.K. to stay in the EU lost some of its lead ahead of Thursday’s vote.The Survation poll showed that 45% of voters supported the campaign to remain in the EU, with 44% supporting Brexit, as a vote to leave is known. 11% were undecided.This compared to the 45% voting for remain and 42% voting to leave in an earlier survey. Two opinion polls released on Monday indicated that support for the Remain camp had regained its lead after falling behind last week.
RECOMMENDATION :
BUY GBP/USD AROUND 1.4530 TGT 1.4550 1.4580 SL 1.4500
SELL GBP/USD BELOW1.4640 TGT 1.4620 1.4590 SL 1.4670
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