More news is coming out of 10 Downing Street, as the vice-chair of the UK Conservative Party, Bim Afolami resigned and calls for Boris Johnson to step down.
Resignations en mass also included UK Parliamentary Private Secretary Saqib Bhatti, UK Parliamentary Private Secretary to Secretary of State for North Ireland Jonathan Gullis.
The first was the British Health Secretary Sajid Javid who resigned from Prime Minister Boris Johnson’s government on Tuesday according to his official statement. After that, news and tweets said that the UK’s Finance Minister Rishi Sunak resigned.
The pound is holding up and testing the commitments of the bears into a critical area. The price is headed towards a 1-min time frame order block (grey areas) and an area of imbalance that could serve to be the last area of liquidity that the market is hunting down prior to a correction of the bullish trend into the price imbalances.
Check Also
US Dollar Rallies as Fed Hints at Rate Pause, Geopolitical Tensions Rise
The US Dollar surged on Friday, extending its winning streak to six consecutive days. This …