GBPUSD just air-pocketed 100 pips – shortly after a very boring 2Y Treasury auction. The plunge from 1.47 to 1.4575 was extremely sharp and as of now it appears from desk chatter to be pre-emptive for the next polls which are due at 5pmET.
Notice that the polls and the bookies are still a long way apart… ORB and YouGiv polls due at 2200BST.
USDJPY also cratered back below 104!
Charts: bloomberg
via http://ift.tt/28JrKaB Tyler Durden