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Political crisis in the United Kingdom

Political crisis in the United Kingdom | 21 May 2019

21 May 2019, GBP/USD

Political crisis in the United Kingdom

GBPUSD trading plan:

The British Prime Minister plans to meet with the leaders of opposition parties to discuss the new BREXIT project. With MPs still on course to reject Theresa May’s proposed withdrawal agreement for a fourth time, though, the potential for further Pound Sterling gains appears limited. The political crisis in the United Kingdom does not like investors - traders sell British currency, shares of British banks. There is no important news in the calendar today. Investors will take a break to assess the prospects of the British currency.

Trading recommendation: range 1.2700- 1.2760.

David Johnson
Analyst of «FreshForex» company
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