Forex Trading Library

Sterling Pressured After Tori Rebellion

0 513

Pound pairs across the board were shaken up after a Tori party rebellion against Boris Johnson.

Even though he won a vote of confidence, his peers have stated that the damage has already been done after the ‘partygate’ scandal.

The last time we saw a vote of no confidence with Theresa May, the pound sank to a 20-month low against the dollar.

So, will this happen again and what will it mean for the markets if Boris Johnson does resign?

Timestamps

GBPUSD 01:50

EURUSD 03:10

Test your strategy on how the GBP will fare! Open your Orbex Account and start trading now. 

Leave A Reply

Your email address will not be published.