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From fxstreet.com
GBP/USD rose nearly 1% last week and was the top performer followed by the Loonie. However, weekend reports in the Times newspaper may put a dampener on the pound in the opening shift on Monday. The Times reported that as many as forty Conservative members of parliament will sign a letter of no confidence in Theresa May leadership. Of no surprise, both Boris Johnson and Michael Gove have put ink to paper on the dotted line. However, as Bloomberg reported, it is not enough to trigger any action.
GBP/USD rose nearly 1% last week and was the top performer followed by the Loonie. However, weekend reports in the Times newspaper may put a dampener on the pound in the opening shift on Monday. The Times reported that as many as forty Conservative members of parliament will sign a letter of no confidence in Theresa May leadership. Of no surprise, both Boris Johnson and Michael Gove have put ink to paper on the dotted line. However, as Bloomberg reported, it is not enough to trigger any action.