Simple Technical analysis: Fib Level (50.00%), downward movement, previous structure, MA as resistance along with crossing of MAs in a bearish direction; RSI and MACD do not indicate any support for long positions.
British politics and Theresa May's minority government might show instability and could push away investors from the GBP.
Good luck!
British politics and Theresa May's minority government might show instability and could push away investors from the GBP.
Good luck!