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gbp

Pound Has Been Under Pressure

GBP has been under increasing pressure over recent months as the uncertainty around the Brexit outlook increases.

This uncertainty is being driven by the Conservative party leadership contest which is currently underway in the UK. The winner of the leadership contest will take over from Theresa May as the new Prime Minister.

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Johnson Promises Brexit By Halloween

The two candidates in the final stages of the contest are Boris Johnson and Jeremy Hunt.

Both candidates have said that they support the decision to leave the EU and are firmly intent on delivering Brexit.

However, the key difference is that Boris Johnson, the favorite to win, has vowed “do or die” to take the UK out of the EU by the current deadline of Halloween.

This means that he is perfectly happy for the UK to leave without a deal, rather than extend the current situation any further. And Johnson has ...


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