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Main » 2016 » May » 22 » GBP / USD forex forecast on 23.05.2016
GBP / USD forex forecast on 23.05.2016



New data ComRes / ITV Brexit survey according to which 41% of the British are willing to vote for Brekzit, and 52% against it, investors perceived positively. Attention is focused on a positive release on industrial trends of the Confederation of British Industry. The indicator was -8, it was -11 in the previous month. It predicted decline of the April index to -13.





The tool was noted at the highest elevation in the area of 1.4665. On the marks achieved price was unable to resist, and most of the growth was confused. 
In the area of 1.4480 is the first support below - 1.4400. In the area of 1.4560 is the first resistance, above - 1.4670.

A buy signal is weak after lowering prices and input it into the cloud. Price is above the Ichimoku cloud and above the line Chinkou-Span. Kijun-sen shows the horizontal movement, Tenkan-sen pointing down. The urgency of the upward movement will continue as long as the price is above the Ichimoku cloud.

The MACD histogram is in the positive zone. Price reduced.

Trading recommendations GBP / USD 
to bullish momentum has evolved requires a return to 1.4670. On the other hand, if the price consolidates below level 45 will continue to decrease in the level of 1.4400 and 1.4320.


Source  Fort Financial Services

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