Pound responded quite calm to the outcome of the Bank of England meeting. The GBP / USD pair continued a declination on data on the share growth of those who wish to leave the EU.
GBP/USD technical analysis and forecast on June 17
The GBP / USD currency pair is traded at the local minimums, panic and high volatility will remain before the outcome of the referendum due date, which is on next week. The RSI on the daily chart is aimed to test the support level that signals a further sterling’s drop around 1.40. As part of the GBP / USD forecast for tomorrow the bearish movement is expected towards the psychological level of 1.40, where consolidation quotes before the referendum results are possible.
