GBP/USD technical analysis and forecast on June 23

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Betting firm Betfair estimates the probability of quit only in 24%, the poll results indicate a victory of EU membership supporters. It is clear that investors do not expect Brexit, the UK output will be a real shock to the markets.

GBP/USD technical analysis and forecast on June 23
The pound is fixed near the local maxima, which indicates a positive attitude of “bulls”. The RSI on the daily chart is aimed to test the resistance level. According yo the GBP / USD forecast, that is what tomorrow one should expected from the current consolidation in the preliminary results of voting:

1. The positive news can push quotes to the upper boundary of the rising channel;
2. Pound will be traded if the British wanted to quit the EU structure.

 

 

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