Citi out with a revised view following the week-end drama
MNI reporting that they cite the announcements by justice Secretary Michael Gove and London Mayor Boris Johnson to backed the leave the EU campaign along with 5 other cabinet ministers.
Say Citi:
"The effects of Brexit, if it happens, are likely to be large and painful in economic and political terms, both for the UK and the overall EU."
That latter point of the EU/Euro not coming out of Brexit unscathed I highlighted in my week-end post
UK bookies Betfair says latest Brexit poll as 7/4 Leaving. Remaining fave still at 2/5.
Meanwhile GBPUSD has fallen through key support at 1.4150 to post 1.4118 lows so far with general USD demand still prevailing.
