Swing: May's Brexit deal goes down in flames
Prime Minister Theresa May lost her bid to bring the ill-fated Brexit deal through the House of Commons by a huge majority of 230 votes. The tally of 432-202 had 118 Conservatives voting against their own Prime Minister in the most lopsided government loss in history. However, we have seen the recovery of GBP from yesterday low of 1.26694. We expect GBP/USD to once again try to retest the support level at 1.2750 before launching its upmove. Jeremy Corbyn, the opposition Labour immediately moved for a no-confidence vote which the House will later vote again today but May is pretty unlikely to be removed as Prime Minister.
We also have pending BoE Carney speech together with the UK CPI later today.
EP: 1.2750
SL: 1.2600
TP: 1.3000
Good luck in your trading journey!
Best Regards,
Nour Capital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
We also have pending BoE Carney speech together with the UK CPI later today.
EP: 1.2750
SL: 1.2600
TP: 1.3000
Good luck in your trading journey!
Best Regards,
Nour Capital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.