Pound crashes on Brexit poll results

1 June, AtoZForex, Lagos –Pound crashes on Brexit poll results. Just a few weeks after polls showed a comfortable lead for the “in” side, another recently conducted poll now shows that the Brexit supporters are gaining ground, surpassing the stay side.

Pound crashes on Brexit poll results

According to two surveys conducted over the weekend, the “out” side is rapidly gaining ground as the June 23 date for the European Union referendum draws closer. The polls were conducted online and by telephone. The “out” campaign were three points ahead of “In” in each of the two surveys conducted by polling company ICM for the Guardian newspaper.

The Brexit supporters seem to have gained ground by switching back their campaign towards migration. After data on Thursday showed that British net migration hit the second highest level on record last year.

Focus switch

Despite numerous warnings from numerous organizations, groups and world leaders, the out camp has appeared to be gaining traction fast after focus was switched to migration. Many voters are concerned about the strains placed on schools, hospitals and housing by immigrants. ICM’s latest weekly online poll showed voters in favor of Britain leaving the EU by 47 percent to 44 percent. While the telephone survey which interviewed a total of 1,004 people aged over 18 found that 45 percent of respondents favored a Brexit compared with 42 percent who said they would vote to stay in the bloc. Thirteen percent remained undecided.

“Our poll rather unhinges a few accepted orthodoxies,” ICM’s director Martin Boon said. “It is only one poll, but in a rather unexpected reverse of polling assumptions so far, both our phone poll and our online poll are consistent on both vote intentions and on the EU referendum.”

The pound fell sharply across board as looming fears of a Brexit scared the markets. In their meeting last week, the G7 group concluded that a UK exit from the European Union poses a serious risk to growth. Warning that a Brexit will reverse the trend of increased global trade, investment, and jobs. Only the latest warning after

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