News Alert: UK PM May says MPs do not Want UK to Leave EU - GBP Slips +50 Pips! - Forex News by FX Leaders

News Alert: UK PM May says MPs do not Want UK to Leave EU – GBP Slips +50 Pips!

Posted Thursday, November 29, 2018 by
Arslan Butt • 1 min read

As per recent headlines. the UK PM May says that there are MPs that do not want UK to leave EU. But as far I am concerned, UK will leave in March 2019.

The GBP/USD is taking a sharp bearish turn and has fallen more than 60 pips to trade near $1.2770 on news. The pair may find support near $1.2725.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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