FXP
GBPAUD: Trading the UK ReferendumIn view of the UK Referendum this coming Thursday (23rd June), if the UK were to remain in the Euro zone, the focus will be on GBPAUD.
We expect GBPAUD to head further north breaking the immediate resistance level with the short term momentum from GBP strength and the weakness on AUD.
GBPJPY: Trading the UK ReferendumIn view of the UK Referendum this coming Thursday (23rd June), if the UK were to leave the Euro zone, the focus will be on GBPJPY.
We expect GBPJPY to head further south breaking the Demand Zone with the weakness from GBP and strength on JPY (as part of the safe haven story).