The rate of the currency pair GBP / USD at trading in Tuesday reached a peak from the 5 January 2016. The investor confidence in the fact that the UK will remain a part of the European Union served as a growth driver for the referendum results.
GBP/USD technical analysis and forecast on June 22
The pound rose above the May maximums, but the “bulls” were under pressure. The RSI on the four-hour chart is in resistance area, the further upward movement is limited. The GBP / USD Forex forecast on 22.06.2016 provides the reduction of quotations down to 1.46. Trading one should take into account the increased volatility of the sterling.
