The pound strengthened against the dollar and the euro on Tuesday after a new opinion poll showed the ‘Remain’ campaign with a big lead with one month to go until the referendum on Britain’s European Union membership. GBP/USD was up 0.79% at 1.4599, rebounding from Monday’s lows of 1.4441.The latest ORB poll, published in Tuesday’s Telegraph newspaper, showed that the “Remain’ campaign has a 13-point lead over the ‘Leave’ campaign.support for remaining in the EU stood at 55%, while support for Brexit was at 42%.On Monday, British Prime Minister David Cameron said exiting the EU would be economic self-destruction, as he presented a finance ministry report warning of recession, a sharp fall in the pound and half a million job losses.
RECOMMENDATION :
BUY GBP/USD ABOVE 1.4601 TGT 1.4621 1.4651 SL 1.4571
SELL GBP/USD BELOW 1.4548 TGT 1.4528 1.4498 SL 1.4578
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