The beat goes on for May
The GBPUSD tries to break above the 50EMA on the 5 minute chart post May and fails. Ok, she didn't resign , so no big breakdown in the GBPUSD. However, the same issues still remain:
- Will she face a no confidence vote?
- Will Parliament vote through the Brexit proposal?
And , now Gove is apparently expected to resign tonight. So, possibly a gone Give and another blow to May. GBPUSD down on the news to 1.2750