Investing.com – The most recent poll on the U.K.’s June 23 referendum on membership in the European Union (EU) showed both camps running neck and neck with the pound paring gains after the release.
Specifically, Survation’s latest and final poll before the vote showed that 45% of British citizens preferred to remain in the EU, with 44% opting for a Brexit, as a vote to leave is known. 11% were undecided.
This compared to the 45% voting for remain and 42% voting for leave in the prior survey.
If undecided voters were removed from Tuesday’s poll, Survation said that 51% would vote to remain with 49% deciding to leave.
In an immediate reaction, the pound pared gains. GBP/USD traded at 1.4712 from around 1.4743 ahead of the release of the data, while EUR/GBP was at 0.7688 from 0.7674 earlier.
Sterling had reached an intraday peak of $1.4781 on Tuesday, its highest level since before the EU referendum date was announced, as markets appeared to interpret that the likelihood of a Brexit had eased.