25 September 2019, GBP/USD
GBPUSD trading plan:
The political crisis in the UK is gaining momentum! The U.K.’s top judges ruled Tuesday that Johnson had acted wrongly by pushing through a five-week suspension of Parliament in the run-up to the Oct. 31 deadline for leaving the European Union. It blows a hole in Johnson political authority and calls into question his ability to remain in office as the Queen’s principal adviser. Senior politicians, including former Conservative Prime Minister John Major, demanded that he apologize to Parliament. Jeremy Corbyn, leader of the opposition Labour Party, went further, calling for Johnson to resign.
Trading recommendation: Sell 1.2477 and take profit 1.2430.