- IG Survation poll shows 45 pct of Britons would vote to remain in EU with 44% supporting the 'Leave' camp.
- ECB Draghi on the wires, says EZ inflation dynamics remain rather subdued, adds “further stimulus is in the pipeline.”
- EUR/GBP extends downside, slips to session lows near 0.7655, downside now looks vulnerable.
- Decisive break below 78.6% Fib at 0.7656 to see test of 200-DMA at 0.7565.
- Our previous call (http://www.econotimes.com/FxWirePro-EUR-GBP-halts-3-day-losing-streak-edges-above-077-handle-224354) has achieved TP1 @ 0.7660.
- Market sentiment could be volatile in the lead up to the vote and recent moves on currency markets remain vulnerable to swings/reversals.
Recommendation: Book partial profits, stay short, break below 0.7655 could drag the pair lower.


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