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 returned to Cloud’s support
2019-11-11 • Updated
Technical levels: support – 1.2850; resistance – 1.2940
- Buy — 1.2860; SL — 1.2840; TP1 — 1.2940; T2 — 1.2980.
Reason: bullish Ichimoku Cloud with horizontal Senkou Span A and B; an irregular dead cross of Tenkan-sen and Kijun-sen with rising Kijun-sen; the market returned to the Cloud’s support and may bounce from SSB’s support.
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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