The EU membership of Great Britain is gradually turning into a major geopolitical issue outside the UK’s external policy. Berlin, Paris and Washington are seriously concerned about the UK’s intension to abandon the European integration process.
According to recent surveys, only 30% of British citizens want the UK to stay in the European Union. According to Harris Interactive, if the referendum were conducted today, 50% would vote for leaving the EU, with only 33% against.
This is not the first time we see the British authorities raising the EU membership question. The Prime Minister of Great Britain promised to conduct a referendum to let the British decide on the fate of the country’s presence in the EU.
Forex.
The chart below, courtesy of , reflects the current state of affairs in the market of GBPUSD.
The closest area of support is 1.4876/23. The current bearish move will be completed as soon as the price overcomes the top of the MF sloping channel and consolidates above 1.6338 (as shown below).
