The Brexit / Bremain vote is upon us, with wide ranging implications. Here are the expected moves according to BTMU: Here is their view, courtesy of eFXnews: The opinion polls that had a clear momentum in favour of ‘Leave’ over recent weeks have indicated a shift with weekend opinion polls showing support has shifted back in favour of ‘Remain’. As can be seen in the ‘Poll of Polls’ by ‘whatukthinks.org’ adjusted to give a larger weighting to telephone polls, the result is set to be incredibly close. So what if the ‘Leave’ campaign is successful on Thursday and the UK does indeed vote to leave the EU? The most obvious first reaction will be seen in the foreign exchange markets. We have for some time indicated a wide 1.3000-1.5000 trading range for GBP/USD covering the ‘Remain-Leave’ scenarios. Admittedly, writing now, we would have assumed GBP/USD would have been trading close to or a little under 1.4000 rather than at 1.4700, which makes us believe the scope for the downside after a Brexit vote is much greater than the scope for the upside after a vote to remain. So we maintain our view in terms of the range for GBP/USD and would expect after a one-month period for GBP/USD to trade close to the 1.3000 level on ‘Leave’ and close to 1.5000 on ‘Remain’. For EUR/GBP we would expect much less pound depreciation given the negative implications for the EU and the potential for other countries to follow the UK’s lead. Perhaps the currency most susceptible to volatility beyond the pound would be the yen. USD/JPY could quickly fall below the 100.00 level, resulting in another big lurch lower in GBP/JPY, which is already close to 20% lower since Brexit risk came into focus last December. For lots more FX trades from major banks, sign up to eFXplus By signing up to eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Daily LookOpinions share Read Next USD/JPY: Trading the US New Home Sales Kenny Fisher 6 years The Brexit / Bremain vote is upon us, with wide ranging implications. Here are the expected moves according to BTMU: Here is their view, courtesy of eFXnews: The opinion polls that had a clear momentum in favour of 'Leave' over recent weeks have indicated a shift with weekend opinion polls showing support has shifted back in favour of 'Remain'. As can be seen in the 'Poll of Polls' by 'whatukthinks.org' adjusted to give a larger weighting to telephone polls, the result is set to be incredibly close. So what if the 'Leave' campaign is successful on Thursday and the UK… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.