The British pound demonstrated a quite weak response to the report on US employment in Friday trading, and the new week began with the fall of the GBP / USD pair. The main reason is the referendum date approach, which is scheduled for June 23.
GBP/USD technical analysis and forecast on June 7
Pound was unable to hold the position and returned under the lower boundary of the ascending channel. The RSI on the four-hour chart tested the support and showed the rebound, which signals to the quotations growth. The GBP / USD Forex forecast for tomorrow considers the pound rebound up from the 1.4400 level, but the “bears” may attempt to return in the down trend.
