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: pound keep staying on Cloud
2019-11-11 • Updated
Technical levels: support – 1.2900; resistance – 1.2960.
1. Buy — 1.2930; SL — 1.2910; TP1 — 1.2980; TP2 — 1.3050.
2. Sell — 1.2900; SL — 1.2920; TP1 — 1.2810; TP2 — 1.2710.
Reason: narrowing bullish Ichimoku Cloud, falling Senkou Span A; a new dead cross of Tenkan-sen and Kijun-sen in a Cloud; the prices are on the support of Cloud, but the bulls are weak.
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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