The Sterling is falling from an intraday resistance zone as the Dollar recovers some losses. Here is the GBPUSD Elliott wave analysis
The British pound has continued to plummet lower against US dollar as Brexit no-deal fears intensify across financial markets.
GBPUSD starts to form an inversed head and shoulder pattern with candles finding support at 1.5044
Cable advances after the release of FOMC Statement with Janet Yellen commenting that interest rates would not be raised in the short to medium term
GBPUSD continues to rise after reaching a low of 1.5087 with high volatility expected due to U.K Parliamentary Elections later in the day
GBPUSD continues to fall after Greek's bailout offer was rejected