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Pound Continues to Strengthen Ahead of EU Referendum

June 22, 2016 3:52 pm Published by

After four months of campaigning, politicians on both sides of the EU Referendum debate are making their final pitch to the people of the United Kingdom today.

With voting set to place tomorrow, it’s the last day for both sides to get their message across.

Today polls from YouGov, ORB and Survation put the remain camp ahead and we subsequently saw the value of the British Pound continue to strengthen.

We have seen the Pound react sensitively over the last few months with every fresh piece of news and poll that has been publicised.  The currency is now up 4.4% from the two month low it hit last Thursday, after the ‘Brexit’ campaign had seemingly lost momentum.

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As a reminder to our clients, on Thursday 23rd of June from 5:30pm we will be suspending any new transactions being booked.  This is in response to the wider FX Market also introducing the suspension of pricing. We will resume our full service on Friday 24th June as soon as a clear outcome has been announced.

At no time will this delay impact your existing transactions and payments. Not will any funds being processed with us be affected in any way.

As always, if you have any queries you can get in touch with our UK-based Support Team on +44(0) 203 603 8940 or email [email protected]

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This post was written by Kayleigh Driscoll

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