There is a great intrigue around the upcoming referendum, which should be taken seriously. The latest survey of the UK population shows that 44% of British prefer staying, 40% are ready to vote for the country’s exit from the EU.
GBP/USD technical analysis and forecast on May 25
Despite the referendum approaching, the currency pair GBP / USD is traded within the rising channel. The RSI resumed growth and aims to test the resistance level, which indicates the strengthening of the pound in the area of 1.47. Thus, the GBP / USD forecast on 25 May 2016 considers an upward movement.
