26 Jul 2017
Brexit news: yet another resignation: director of strategy resigns at critical time - Bloomberg
Brexit news crossing the wires from an article released by Bloomberg states that Theresa May’s director of strategy has resigned.
This is yet another resignation that is not going to be favourable to the pound at such a critical time in negotiations with the European Union. This resignation is leaving the British government without the authors of her key Brexit vision.
GBP/USD coming off now, potentially not helped with this story, although the dollar is finding traction across the board.
GBP/USD: can it break the 1.31 barrier after FOMC outcome?