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Remain campaign takes a lead

Tuesday, Apr 19 2016
As the countdown to the referendum begins its final phase the Remain campaign has seen further improvement in its position according to the latest ORB Poll for the The Telegraph. While there is a growing majority preference among UK voters for Britain to remain in the EU, the risk for the Remain campaign as identified in previous ORB polls continues to be that Leave voters are more motivated to vote at this stage of the referendum campaign. 
If a referendum was held today, Remain would secure 52% of the vote, an increase of three points since the previous ORB poll, while Leave would secure 43% of the vote, a decrease of five points since the previous poll.  But this isn’t solely down to an improvement in turnout among Remain voters. The Remain campaign has also persuaded more voters of the case for staying in the EU. This can be seen by the fact that even without applying a likelihood to vote filter, support for the Remain campaign has improved by two points (to 53 per cent), while support for the Leave campaign has fallen by three points (to 41 per cent).
 
Sterling is currently being traded few points above 1.44 level. Pair is likely to find support around 1.4350 handle and resistance above 1.45 level. Later today, in the US session, Building Permits and Housing Starts figures are scheduled for a release.
More in this category: « ZEW Economic Sentiment rose more than expected Housing Starts decreased by 8.8% »

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