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.
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....
