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Waiting for the referendum

22 June 2016, GBP/USD

The pair is likely to be traded in flat until the first voting results. In the meantime, the situation looks like after this correction, the pair will start to decline. However, we should not take this suggestion into account, as in the current situation anything can happen. It is better to stay away from the market and watch the price fluctuations from the outside.

Vasiliy Lukin
FreshForex Analyst
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