The pound tests session lows again 20 May 2016

Latest TNS online poll shows the Leave vote 3% ahead, consistent with its previous findings.

A poll of 1,222 conducted between 10-12 May:

  • 41% Leave
  • 38% Remain
  • 21% Undecided

The fickle finger of forex points to the Brexit poll validity again but it's the undecided who continue to hold the balance of power.

New session lows of 1.4552 for GBPUSD but demand/ tech support at 1.4550 holding again. EURGBP little changed at 0.7705

Earlier comments from BOE MPC member Forbes not helping the pound either