GBP / USD pair showed a rapid growth having good news about the polls concerning the referendum. Publications of relatively strong data in the UK affect the additional support for the sterling, but recently the investors are not focused on economic statistics.
GBP/USD technical analysis and forecast on May 19
The pound showed the expected growth against the US dollar. The RSI on the four-hour chart is close to the resistance level, limiting the further growth of the pair by the level of 1.4650. Thus, the GBP / USD forecast for 19th of May provides the quotations growth and further development of the consolidation above the 1.4600 mark, the pound has strengthened a breakdown of the upper limit of the downward channel.
