GBP/USD surges to daily highs amid Brexit poll rumors

GBP/USD advanced in a sudden move to fresh daily highs amid rumours that the delayed ICM poll shows a 5 point lead for the remain vote in the EU referendum.

GBP/USD rose more than 100 pips solely on rumors and hit a daily high of 1.4297, before faltering ahead of the 1.43 mark. At time of writing, the pair is trading at 1.4280, still a few pips higher on the day.

GBP/USD levels to watch

In terms of technical levels, next resistances could be faced at 1.4353 (100-day SMA), 1.4428 (50-day SMA), 1.4472 (Jun 10 high). On the flip side, supports are seen at 1.4178 (Jun 10 low), 1.4114 (Jun 13 low) and then 1.4089 (Apr 14 low).

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USD/CAD points upwards short term – Scotiabank

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