May Should Announce Her Resignation: MP Graham Brady - Forex News by FX Leaders

May Should Announce Her Resignation: MP Graham Brady

Posted Wednesday, May 15, 2019 by
Arslan Butt • 1 min read

Graham Brady, Chairman of the 1922 Committee of UK MPs, is of the opinion that PM Theresa May should announce her resignation during the upcoming meeting of the committee on Wednesday. He made these remarks on account of May being unable to get the Brexit deal voted through the Parliament yet.

May, on her part, has agreed to resign if MPs finally back her Brexit deal. Even as cross-party talks between the ruling and opposition parties continue without making progress, members of her own Conservative Party are displeased with the delay in finalizing a Brexit deal.

After three attempts to pass her deal through the UK Parliament, May’s party members who want a more comprehensive exit plan and those who want a second referendum on Brexit have started expressing their displeasure.

Meanwhile, as Brexit talks fail to move ahead, GBP/USD continues to trade in a range around 1.29 after having fallen slightly over UK’s earnings report release yesterday.

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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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