Yesterday, Wall Street stock exchanges completed the sharpest two-day jump in four months on expectations that central banks around the world will take steps to reduce the economic impact of the UK exit out of the EU.

The futures contracts are signaling on a positive opening in New York.

Intraday opportunity

GBP/USD

On 5 minutes chart we can see a rising trend and at the end of it a formation of a triangle pattern.
The price broke up the upper side of the triangle which gives us an opportunity to enter with the move of the latest trend.

For Forex traders:
Buy between the levels of : 1.3400 – 1.3405.
Stop loss point : 1.3380.
Take profit point : 1.3445.

For Binary options traders:
A call option between the levels of : 1.3400 – 1.3405.
Expiry time : June 16, 10:00.

Asian markets rising for the second day in a row, as well as the price of the oil.
Tokyo rose by 1.6%, Hong Kong added 0.7%, Shanghai rising by 0.7%, Seoul rose by 1%.

Investors takes some air:
Increases of more than 1% on Wall Street and European stock markets are also with sharp increases.

A growth in the US

The US economy grew in the first quarter of the year at a higher rate than estimated so far, thanks to the improvement in trading business investment, which compensated for the weakness in private consumption.

The Gross Domestic Product (GDP) in the US grew at an annual rate of 1.1%, compared with previous estimates of 0.8% growth.

With the opening of the trading day today, Europe is recovering:
London FTSE 100 jumps by 2.7%, Paris CAC jumped by 2% and the pound IS rising BY 0.5% against the us dollar, after falling by 11% in the last two trading days.

The global stock market value has been cut by three trillion
Wall Street erased all the gains of this year
The pound dived by more than 10% to a 30 year lows
The European banking shares index fell by 14%
The price of the Gold jumped to a two-year record
The price of the Oil fell by 5%

This is the first result of the referendum held in the UK which resolved that the majority of the British public wants to exit from the EU.

The futures contracts on Wall Street pointing to gains of around 1% in the leading indicators.

The pound jumps by 1.5% due to a survey that shows majority of the immortality of the Union.

The FTSE 100 rising to a monthly record, also there are increases of 2% in Frankfurt and Paris in anticipation of the results of the referendum in the UK.