EUR/USD looking to test 1.10 handle as Leave frontrunner now

A big swing in the betting markets, with Betfair now calling the market 70/30 in favor of Leave, knocked-off the EUR/USD pair once again to fresh three-month lows below 1.11 handle.

Further, as per the UK TV station ITV the odds of Brexit now stands at 75%. In percentage terms, Leave group stands at 51.1% while Remain stands at 48.8%.

Markets are spooked once again, with the safe-haven such as the yen and gold highly in demand, as the GBP gets smashed to multi-year lows on 1.37 handle.

Levels Ahead:

Higher side: 1.1427

Lower side: 1.1000