• The GBP/USD pair fell as low as 1.4435 on Thursday, as the pair found downside momentum on worries that Britain will vote to leave the European Union at a referendum in two weeks’ time.
   
• Investors are worried that Brexit would weigh on the economies of not just Britain, but the rest of Europe too.
   
• The ongoing weakness is set to continue for this pair as the resistance level at 1.4660 is likely to act as strong barrier to the bulls and bring a further decline towards lower levels.
   
• To the upside, the immediate resistance can be seen at 1.4518, a break above this level would expose the cable to next resistance level at 1.4570.
   
• To the downside immediate support can be seen at 1.4467, a break below at this level will open the door towards next level at 1.4400.
  
  Resistance Levels
  
  R1:  1.4518 (50% Retracement level)       
  
  R2: 1.4570 (61.8% Retracement level)    
  
  R3: 1.4660 (June 7th high)
  
  Support Levels
  
  S1: 1.4467 (38.2% Retracement level)                    
  
  S2: 1.4400 (23.6% Retracement level)
  
  S3: 1.4348 (June 6th lows)