EUR/GBP was testing below 0.7600 on closing polls

EUR/GBP is on the offer with Yougov on the day poll with the Remain Camp at 52% and the Leave campaign at 48%. Ipsos Mori poll, remainers leading 54% vs leave 46% and Betfair odds are now at 89%.

EUR/GBP made low of 0.7597 currently at 0.7615 in early Asia at time of writing. We now await the EU referendum results with the polling stations now closed, passed 10BST, so counting has begun. The first announcement of voter turnout is expected at 2330BSTm but SKy News have it 83.7%, so this should be in favour to the remain camp as mostly young pro EU voters.

The first results are expected at 0000BST while the first key result from Sunderland, Wandsworth and Foyle are expected at 0030BST. Then by 0330 BST, results from about 50% of areas are expected to have been announced. 0500 BST, 80% and all should be wrapped up with a formal result by about 0700BST.

EUR/GBP levels

On the wide today with thin markets, some banks not even prepared to quote. On the downside with Bremain favoured, 0.7597, 0.7588, 0.7569 (200 dma), 0.7539, 0.7500, 0.7450 and 0.7400.  To the upside on a Brexit, 0.7700, 0.7743,, 0.7800, 0.7831, 0.7907, 0.7993, 0.8027, 0.8116, 0.8248 and higher.