TipTVFinance

GBP/USD – Erratic trading continues…

FX:GBPUSD   British Pound / U.S. Dollar
Cable is all over the place and there is little clue on the charts about what could happen, given we are just one week away from referendum. Cable should continue to see erratic moves today.

Resistance – 1.4302, 1.4330, 1.4348, 1.4413, 1.4432

Support – 1.4192, 1.4131, 1.4056, 1.4005, 1.39

Traders could simply go with the flow and this jotting down key technical levels is all that is needed to trade the highly volatile and volume-thinned Cable.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.