The GBP/USD pair continues to struggle below 1.4400 handle and is now seen heading back toward session low level as markets continue to digest the outcome of latest polls that showed "Leave" camp gaining lead in the upcoming EU referendum.
The pound resumed its decline. In general, the dollar remained strong against the pound after Janet Yellen’s speech last Friday. The market expects new drivers for a further movement.
The GBP/USD pair is seen consolidating the upside above 1.47 handle, as the bulls appear to face exhaustion after a two-day massive rally backed by upbeat news surrounding the Brexit issue.
Investors positively accepted the new survey data regarding Brexit (from ComRes/ITV ). According to the poll: 52% of UK people would vote against Brexit which supported the pound. The UK published Industrial Trends Survey - Orders (-8 vs. forecast -13).
