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 supported by Kijun-sen
2019-11-11 • Updated
Technical levels: support – 1.3070; resistance – 1.3130
- Buy — 1.3070; SL — 1.3050; TP1 — 1.3130; T2 — 1.3180.
Reason: expanding bullish Ichimoku Cloud but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with rising Tenkan-sen; the market was supported by Kijun-sen and may continue uptrend.
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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