Recent surveys of the UK population concerning the referendum show that the number of those who support the exit from the European Union is getting bigger. The future outcome of the referendum and the political uncertainty continues is creating the pressure on the pound in the GBP / USD pair.
GBP/USD technical analysis and forecast on April 5
The pound sterling lost all its advantage by the end of the last week, but there is still a potential for the “bull” movement. On the four-hour chart the RSI shows the rebound from the support level, which demonstrates the growth renewal. Within the GBP / USD forecast on October 5, expect the quotations increase with the first goal in the area of 1.4400. The main goal for the pair GBP / USD remains at the upper limit of the down trend.
