In early European trade GBP/USD reached highs unseen since December 24th 2015, rising to an intraday high of 1.4947, as an online poll by the Populus market research company revealed that 55% of the total 4 700 respondents voted in favor of the “remain” campaign, while 45% supported “Brexit”. The next potential levels of resistance for the major pair sit at 1.4966 (monthly R2) and 1.5004 (the high from December 17th 2015).
EUR/USD, strongly positively correlated with GBP/USD, surged to 1.5-month highs, reaching 1.1421. May 12th high (1.1434) serves as an immediate resistance, followed by the monthly R1 pivot (1.1467).
Having reached an intraday low of 1.2679 during the early phase of the European trading session, also the lowest level since June 10th, USD/CAD rebounded and moved back above 1.2700, as the 15-minute time frame visualized a two-bar bullish reversal formation (Bullish Engulfing). Immediate resistance may be seen at the hourly 20-period Exponential Moving Average (1.2776).
Gold futures for delivery in August fell to an intraday low of $1,260.00 per troy ounce in early European trade, also their lowest price level since June 9th, after which a certain rebound to the $1,266.35-$1,267.45 area took place. The hourly 20-period EMA may serve as an immediate resistance.
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