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GBP/USD gain after Yellen’s speech

The GBPUSD spot is sitting a few pips above 1.4368 (38.2% of 1.5230-1.3835). The bullish momentum triggered dovish Yellen ran out of steam as latest poll in the UK showed 49% would vote to remain in the EU at the referendum, 5% less than in a similar poll in February.

Focus Brexit …
The poll clearly shows public opinion is shifting in favor of Brexit. Nevertheless, the spot remains largely unchanged on the day on broad based USD weakness.


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