GBP/USD cannot complain about the lack of volatility – albeit things are becoming more complex. The first week of June consists of top-tier US publications and an even more significant role for Brexit, Yohay Elam, an analyst at FXStreet, reports. You can’t miss Yohay Elam’s GBP/USD technical analysis Key quotes “The deadline for prolonging the Brexit implementation period beyond the year-end is here. While the UK repeated its objection to any extension, passing the June 2 deadline without optimism for an accord may weigh on the pound. Reports of progress on trade or any other topic may boost the pound.” “Ongoing improvement in coronavirus figures is critical to further return to normal – including reopening of more shops in mid-June. Moreover, testing capacity and reports about the tracing application’s ability to help contain new clusters will also come to the test and may impact the pound.” “The daily death toll from coronavirus has dropped below 1,000 in the US while states are reopening. The longer this lasts, the better for the market mood and for GBP/USD. However, flareups in various states – as seen in several places in the world – may trigger dollar demand.” “May’s Nonfarm Payrolls will likely show a smaller loss of jobs, but still in the millions. The unemployment rate could leap to around 20%. Wages, that jumped in April, are set to revert to normal.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD rebounds from multi-month lows, trades above 1.3770 FX Street 3 years GBP/USD cannot complain about the lack of volatility – albeit things are becoming more complex. The first week of June consists of top-tier US publications and an even more significant role for Brexit, Yohay Elam, an analyst at FXStreet, reports. You can't miss Yohay Elam's GBP/USD technical analysis Key quotes “The deadline for prolonging the Brexit implementation period beyond the year-end is here. While the UK repeated its objection to any extension, passing the June 2 deadline without optimism for an accord may weigh on the pound. Reports of progress on trade or any other topic may boost the pound.”… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.