GBP/USD is pretty undecided at the moment. There appears to be a double top on the daily time-frame but there's no other signal that it will start falling again.
I agree, GBP/USD started climbing today,
currently at 1.46746.The
sterling has been supported in recent weeks by polls showing that the remain vote is winning. Yet the pound's volatility still there, as traders are still cautious about
the referendum next month. I think a reverse may happen soon and this pair will fall
The pair dropped sharply today and it's currently testing the support at 1.4570. I think that if it breaks below that level it will reach 1.4520 - 1.4500.
I'm still short on this pair. Not only it reached 1.4500 it broke below
that level and it's still falling. I have little doubt it will reach
1.4400 and I also think it might break below that support and continue
towards 1.4330.
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I agree, GBP/USD started climbing today, currently at 1.46746. The sterling has been supported in recent weeks by polls showing that the remain vote is winning. Yet the pound's volatility still there, as traders are still cautious about the referendum next month. I think a reverse may happen soon and this pair will fall