'Remain' odds are falling at the bookies, cable not following
There's a high correlation between cable and the odds of a 'remain' vote over the past week.
However the odds have fallen in the past few hours and GBP/USD hasn't reacted.
If those odds continue to shift in the hours ahead, it's inevitable that cable will fall.
The odds are based on Oddschecker.com and tracked by Bloomberg. At Betfair the chance of a leave vote has rise to 28% from 25% earlier. Ladbrokes is at 26%.
A longer-term look also highlights the correlation.
