Pound is recovering on Wednesday FOREX trading. Market participants are temporarily switched their attention to the risks of the UK release of the EU for the next Fed meeting.
GBP/USD technical analysis and forecast on June 16
GBP/USD pair showed an increase in the area of 1.4200 after declining to the April lows. The RSI on the four-hour chart was fixed above the level of support and points to the growth of quotations . The volatility in the pair is stored , the “bulls” may attempt to regain lost ground . Forex forecast GBP/USD for tomorrow suggests a moderate growth of the pound to 1.4250.
