Weekend polls add GBP risk
The US dollar is generally holding near the lows, with one notable exception. The pound is coming under some pressure in a slip to 1.4517 from as high as 1.4582.
I've been getting calls from people who normally aren't worried about FX risk and they're asking if they want to get out of GBP.
All the fearmongering from the anti-Brexit side is hitting main street and real money is jittery. In the short-term, there may be more GBP selling into the London fix and close ahead of the weekend on fears that polls may show a tight vote.
As someone who firmly believes there will be no Brexit, this is setting up for a great GBP buying trade. In general, the worries and hedging peaks around a week before the decision.
