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May, 24 - GBP is in great trouble as political crisis looms

No matter how much we are trying to escape GBP/USD it always seems to keep up with us and turn our attention to itself. Right now the couple is not only falling but is also under a very high risk of not having the chance to get back up for a very long time as political changes and subsequent instability are ruling Great Britain once again. It is highly likely that we are going to see Theresa May announce her resignation TODAY. And of course no traders like such perspective. That is why we are very likely to see a very deep plunge of GBP/USD today.

 

gbpusd 24.05.2019

 

It has already started and the deeper into the day we go without knowing the exact political future of Great Britain the more likely it is that recovery is not going to be in cards for GBP today. There are high chances that we are going to see May leave without even concluding her Brexit deal.

 

So many changes call for trading signals immediately!

 

 

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