GBP/USD technical analysis
The early dip in cable fell through Thursday's high as well as the 61.8% retracement of the rally in US trading on Friday.
That's two reason to expect a continued decline back close to 1.4400.
The one reason not to sell is that it's still such a thin market. Sure, those levels broke but only barely and trading is barely underway.
Still, I think the downside easily wins out. The market is freaked out about every Brexit poll and until there's one that says the 'remain' side is in the lead, the momentum is lower.
