GBP / USD pair has stabilized close to 1.4450. Approaching the referendum date gave to market participants sensitivity to bad news from the UK, which puts pressure on the sterling. Pound is driven by the polls of public opinion, in the near future, its dynamics will almost completely determined by the results of public opinion polls regarding the «Brexit».
GBP/USD technical analysis and forecast on June 3
The pound exchange rate is kept near the ascending channel’s lower border, the level of 1.4400 does not let the “bears” to fix the breakdown. The RSI on the four-hour chart is located in the support area and is going to rebound. The GBP / USD Forecast on June 3, 2016 considers the completion of a downward correction and the growth of the pound above the mark of 1.4500.
