The turning point for British currency | 23 June 2016
23 June 2016, GBP/USD
I assume that the upward movement is formed in the wave 5 and is not over yet. So we expect further strengthening of the British currency. Then we expect a corrective decline to start, but the referendum may exert a strong influence on the wave frame.
That is why now it is better to refrain from any actions and watch the price fluctuations from the outside.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
