Hi FX traders,
May resigned from U.K prime minister today. I was bullish on GBP as U.K presented strong economic data this morning.
GBP/USD went up to 1.27148 and retraced back to support (1.266xx) area after May's resignation news. GBP pair is currently testing multi-day support area (1.266xx) but I am expecting it would go lower as U.K. just faced with new obstacle with Brexit deal.
May resigned from U.K prime minister today. I was bullish on GBP as U.K presented strong economic data this morning.
GBP/USD went up to 1.27148 and retraced back to support (1.266xx) area after May's resignation news. GBP pair is currently testing multi-day support area (1.266xx) but I am expecting it would go lower as U.K. just faced with new obstacle with Brexit deal.
