GBP will trade accordingly to Brexit risks - FXStreet

Valeria Bednarik, chief analyst at FXStreet noted that the GBP/USD pair plummeted at the weekly opening, down to 1.4351 a fresh 3-week low, after three different polls released over the weekend showed that  the "leave" vote now stands ahead of the "remain" by 2-3 percentage points.

Key Quotes:

"The pair has left an unfilled gap at 1.4520, as intraday recovery attempts met selling interest around 1.4480, a few pips below the 4 hours 200 EMA, and the level to surpass to deny a bearish continuation for this Tuesday. There won't be relevant macroeconomic releases in the UK until next Wednesday, when the kingdom will publish is April production data. In the meantime, market players will trade accordingly to Brexit risks."