As we are drawing closer to the EU referendum, and a potential BREXIT I would like to post my bias.
We have an abundance of confluence supporting a continuation of the overall of the GBPUSD .
We have the 200 acting as resistance, which has held after being tested on a number of occasions.
We are currently at a around 1.46840.
We have divergence on supporting a move down.
We have a pattern indicating a possible move down.
Can we close today with a pattern? This typically indicates a reversal, thus supporting a move down.
Please note that I will not necessarily trade this.
Feel free to follow, like, share and comment.