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GBP/USD Attempts To Retake 1.45

Discussion in 'Technical Analysis' started by Kaitlin, May 17, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Demand, represented by the 100-day SMA, was sufficient yesterday to trigger a rebound, but with the 1.44 major level barely retaken. The GBP/USD pair remains driven by concerns of the upcoming EU referendum, and increasing support of 'Bremain' keeps providing the pair with more strength. Technically, the Cable has the[​IMG]

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