Sterling Soars Above 1.46 As Stops Triggered, Momentum Algos Ignited
June 20, 2016 at 00:15 AM EDT
Citi's GBPUSD "extreme print" range for Exit and Remain outcomes of 1.2777 and 1.4799, respectively, with Cable trading at 1.45570, this means that as of this moment, the FX market is pricing in an 88% probability of a Remain victory.
