07 June 2022, GBP/USD
GBPUSD trading plan:
British Prime Minister Boris Johnson survived a confidence vote on Monday. The vote was a blow to Johnson, with 41% of his lawmakers’ casting ballots against his leadership after months of scandals and gaffes that has raised questions over his authority to govern Britain and knocked his standing among the public. But Johnson, a master of political comebacks, instead described the vote as a "decisive result" meaning that "as a government we can move on and focus on the stuff that I think really matters to people". Several lawmakers said the vote, which saw 211 lawmakers cast ballots in favour of Johnson against 148, was worse than expected for a prime minister, once seemingly unassailable after winning the Conservatives' largest majority in more than three decades.
Investment idea: range 1.2480 - 1.2580.
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