Sterling Falls as Brexit Polls Favour Leave Campaign

A YouGov Brexit poll for breakfast television has revealed that the Leave campaign is gaining ground, and the news has hit the pound

Emma Wall 6 June, 2016 | 12:33PM
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It has been a difficult couple of days for the Remain campaign. David Cameron has faced voter backlash in a television debate on Brexit, and two polls have revealed that Britain is in favour of leaving the European Union.

YouGov has reportedly polled 3,495 people for breakfast television show ITV’s Good Morning Britain and found that 45% of voters want to leave the EU, with 11% undecided. This comes just a day after the latest Observer/Opinium poll showed that Leave campaign had a 43% majority over a 40% share for Remain.

The prospect of Britain leaving the EU was enough to push sterling down against both the dollar and the euro – giving up the gains it made on Friday following the poor jobs figures from the US.

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Emma Wall  is former Senior International Editor for Morningstar