FX:GBPUSD   British Pound / U.S. Dollar
Hello Traders,
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 bearish trend of the GBPUSD             .
We have the 200 EMA acting as resistance, which has held after being tested on a number of occasions.
We are currently at a resistance zone around 1.46840.
We have bearish divergence on RSI supporting a move down.
We have a bearish flag pattern indicating a possible move down.
Can we close today with a shooting star candlestick 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.
Instagram: @KashMarkets
Comment: Price made a sharp move down !
The EU referendum is already taking its toll on the Pound, especially following the Sunderland results. Team Leave seems to be edging Team Remain in the news. Let's wait and see what happens.
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