First news reports have confirmed that pro Brexit voters, the people in favour of the United Kingdom leaving the European Union have won the referendum by a slim margin of roughly 51% versus 49%. As the results were announced the Great British Poun
...The GBP/USD managed to break the resistance trend line (dotted red) despite the British vote on the EU membership taking place today (Thursday June 23rd). The bullish price action is most likely reflecting a reaction towards the opinion polls. The
...The EUR/USD used the resistance trend line (red) to retrace back to the 61.8% Fibonacci level of wave X (blue) and the 1.1250 quarter level. Price could stay in between the support and resistance levels until the results of the British vote on Thur
...The EUR/USD has made a slight bearish bounce at the resistance trend line (red). The bullish momentum, however, is still in control and a breakout could see price move towards the Fibonacci levels. Of course, all currency pairs will be impacted by
...How will the Forex market respond before, during and after the Brexit vote? Chris reviews the bullish momentum on the EUR/USD, the breakout potential on the GBP/USD, the bear flag on the USD/JPY and the Fibonacci targets of the AUD/USD.
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