GBPUSD 2016-06-07
GBP/USD
1.4590
Sterling’s climb comes after it dropped in early trading Monday, as three polls were released showing more Britons favor quitting the EU than staying. Two more surveys that came later the same day showed slim leads for the “Remain” camp.
while will expect this high liquidity to sustain over Pound as referendum closing to 23rd of this month .
intraday trading levels showing support at 1.4480 where market managed to jump fast to test resistance 1.4660 before retreat back.
as long as market holding above 1.4480 will expect farther advance to test 1.4740-70 zone where from there will expect another drop movement below 1.4600
above 1.4770 expect 1.4850-90 zone
Support | Resistence | |
Level 1 | 1.4480 | 1.4660 |
Level 2 | 1.4400 | 1.4740-70 |
Level 3 | 1.4300 | 1.4850-90 |