DR.

ARISE POUND STERLINGS - IT'S TIME

Long
FX:GBPUSD   British Pound / U.S. Dollar
Oh! Sterling, the General Election within six months or earlier only adds to hyper chronic political uncertainty in the United Kingdom: the GBP indicates it dislikes political uncertainty and tends to lose a significant value during election cycles.

The Pound has come under pressure these past weeks as uncertainty levels kicked-in in response to the failure of Her excellency Prime Minister Theresa May to pass her Brexit deal, which later led to the announce of her resignation and shot the gun on a leadership race to find a replacement: the Pound exchange rate has fallen from highs since early May.

Pound-to-Dollar ( GBPUSD ) exchange rate has fallen down to 1.27 from highs of over 1.31 BUT wait! call me crazy - I see potential here.

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