Referendum is just three days away and there is no point in trying to take sides on intraday basis. Instead it would be relatively easier to pick broader ranges in the pair and then go with the flow after breakouts or failed attempts.
As of now the broader range on the daily chart
is 50-MA (1.4441) and 200-MA (1. 4689
). On a larger scheme of things, the range could be again 200-MA (1. 4689
) and rising trend line
support at 1.4346.
Cable - pick broader range