The pound is still demonstrating the high volatility in the pair GBP / USD.
The International Monetary Fund again reminded London about the consequences of Brexit.
If there was not the pressure of Brexit, the pound would be able to demonstate a strong growth on consumer prices data.
GBP/USD technical analysis and forecast on April 15
The pair GBP / USD fell lower than 1.4100, where there is the activity of buyers, which allowed the pound to regain some of the lost positions. However, there is no trend line tested on the RSI, which means the possible return of quotations to local minimums. The GBP / USD FOREX Forecast on April 15 assumes the beginning of the growth of the pound to the current position in the 1.4300 area, but there is a risk of a further decrease of the pair.
Also check through: