The pound enjoyed a period of consolidation after PM May stabilised her position thanks to a controversial government. However, things never stand in the same place. Her narrow majority is already running into instability. GBP/USD is reacting by losing the support line of 1.27, hitting a new low 1.2670. We are still not at the [...]
The post GBP/USD loses support on 3 political developments appeared first on Forex Crunch.
via Forex Crunch
