The pound continues to win back the results of the survey of Foggy Albion inhabitants concerning the exit from the EU. Investors have demonstrated too optimistic reaction, the pound is growing even haven the US dollar strengthening throughout the FOREX market range.
Strengthening of the dollar caused a decrease of Brent prices. It may cause a strong pressure on sterling due to the historical correlation of both instruments.
The GBP / USD technical analysis and forecast.
Pound, as it was expected by the last week forecast, moved to the growth, but the correction was limited by the area of 1.4320. RSI on the daily chart is approaching the resistance level, but quotes are able to show growth in the area of the May highs.
