The British pound is forecast to be bucked by volatile trading conditions on the night of Thursday the 23rd as results roll out. Here is how the night could progress.
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Pound sterling commences the new week with positive intent, a sign that foreign exchange markets are rushing to bet on a Remain vote winning Thursday’s EU referendum.
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Price charts could be showing first signs of a comeback for the pound although activity dampened due to possible 'political link' with lawmaker's murder
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Sterling has rebounded slightly despite Bank of England members stressing the risks - not only to the UK economy but the world financial system - of a Brexit at their June meeting
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The GBP/USD pair has found support at a key level and is bouncing. Could this provide the basis for a rebound, or is the pair set to push lower and retest the 1.3833 lows?
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The pound remained under pressure on Thursday despite Retail Sales showing a better-than-average rise in May
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The British pound continues to be pointed downwards as foreign exchange traders minimise exposure ahead of next Thursday’s vote on EU membership.
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