FxGrow Daily Technical Analysis – 06th April, 2016
By FxGrow Research & Analysis Team
GBPUSD is in a chaotic position on ‘BREXIT’ risk
GBPUSD is extending its weakness as ‘Brexit’ is creating volatility as it gets priced in. The BOE financial policy committee increased the countercyclical capital buffer rate for UK exposures from 0% to 0.5% and raises risks of the UK economy as more possibilities of the EU referendum ‘Brexit’ emerge.
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