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Pound loosing ground as May’s premiership is hanging by a thread after a high-profile Cabinet minister quit

Pound below 2650, heading to 1.25? Technical Overview: Pound currently trading at 1.2640 which trading below the downward channel support 1.2700, currently trading below the psychological level 1.27 and below the key support 1.2680 which turned to resistance now. A break upside 1.2680 can check 1.2730/2750 further. Downside support lies at 1.2515 (Jan 03rd low). […]
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