After the resignation of Boris Johnson in July 2021, the conservative party was preparing for an election. With 57.4% of the vote, Liz Truss will be the new UK Prime Minister (PM) for the next two years. She is about to change a lot, and we are about to tell you everything you need to know.
GBP/USD: correction expected
2019-11-11 • Updated
Technical levels: support – 1.2970; resistance – 1.3070
- Buy — 1.2970; SL — 1.2950; TP1 — 1.3070; T2 — 1.3100.
Reason: expanding bullish Ichimoku Cloud but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the Bulls can’t maintain existing uptrend – expected correctional movement to Cloud.
The current situation is terrible, and the future is worse for the United Kingdom. Will the British pound withstand the challenges that await the UK economy, or will it collapse?
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