GBP/USD forecast - page 4

 

Long upper and lower shadows on the daily chart of the GBPUSD indicating high volatility but no clear term in the mid-term.

 GBPUSD 1D 

 
Range will probably continue until the referendum in the UK.
 

Ahead of UK trade balance and US job claim later today I think the pair will continue bearish and hit support at 1.44690. I'm shorting with stop loss at 1.45300.

 

 
Waiting for the vote!
 
arigoldman:
Waiting for the vote!
Nothing before the vote - the chaos will be complete
 

I think that the gbpusd asset would renew its maximum.

 

 
Timothy7:

I think that the gbpusd asset would renew its maximum.

 

It all depends on brexit - no TA will predict that
 
Volatility ahead!
 
Yes, more volatility on the GBPUSD with no clear direction until it breaks the 1.4700 level to the upside, or the 1.4000 level to the downside.
 
GBPUSD pair is bouncing between 600 pips enough reason to pull back off trading for the moment.
Reason: