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Political tensions in the United Kingdom

Political tensions in the United Kingdom | 14 February 2020

14 February 2020, GBP/USD

Political tensions in the United Kingdom

GBPUSD trading plan:

Political tensions in the United Kingdom may have a negative impact on the value of the British currency. Boris Johnson forced the resignation of his finance minister on Thursday for refusing to toe the line, a sign the prime minister was tightening his control in a government reshuffle designed to deliver his vision for Britain beyond Brexit. Johnson's team had carefully choreographed the reshuffle, presenting it as an opportunity to foster new talent, particularly among women, while also rewarding loyalists.

Trading recommendation: range 1.3020 -1.3070.

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