Pound Jumps Most in 3 Weeks as Remain Vote Rises in Brexit Poll
- Sterling gains versus most of its major counterparts
- Inflation slows to 0.3% annual growth pace vs 0.5% forecast
Sterling Surges As Poll Reveals Remain Lead
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The pound rallied the most in three weeks after a poll of U.K. voters released Monday showed people who support a campaign to remain in the European Union exceeded those saying they will vote to leave by a wider margin than last month.
Sterling rose against most of its 16 major peers after the ORB/Telegraph poll showed 55 percent of respondents were in favor of remaining in the European Union, while 40 percent wanted to leave. The proportion in the remain camp increased from a similar survey in April. Britons will vote on the country’s EU membership on June 23. U.K. government bonds rose as a report showed inflation slowed.