British pound remains under pressure of political risks

In addition to the fact that the pound remains under pressure from the Brexit talks between the UK and the EU, additional pressure on the pound is exerted by political risks within the UK government. 

So, on Thursday, members of the Conservative Party of Great Britain joined the opposition, as a result of which the final decisions on Brexit passed into the hands of the parliament. This means that any agreement between the government of May and Brussels will be evaluated by the parliament. As a result, a third participant appeared in negotiations on Brexit, and the negotiations themselves can be dragged on for a long time.

Fig. GBP/USD H4. The current price is 1.3320.

Hanzenko Anton