Tory Eurosceptics tell PM May to resign now

Author: Greg Michalowski | Category: News

The GBPUSD trades at session lows

According to the Telegraph, Tory Eurosceptics have told PM May to resign now.  They cite the failure of the PM to work out a cross party deal with Labour.  

Read the story HERE.

The GBPUSD is trading to new session lows.  A lower trend line is down near 1.2700. We currently trade at 1.2732. 

GBPUSD trades to new session lows
The trend remains in tact on the 5 minute chart. The correctoin in the NY session stalled around the 38.2% of the last trend move lower. That is the minimum hurdle IF buyers are to take control.  They can't do it....

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