Two Possible Scenerios
As I find it difficult making trading decision without understanding the fundamentals, I can certainly say there's been some signs of weakness In the GBP lately as it was looking for a direction due to traders and market participants trying to assess the impact of UK-EU exit on 31st Jan which is causing a slowness in economic activity. However, looking into the British Parliament [as we know these people make key political and economic decisions], the PM has reshuffled his cabinet; Is this a form of Clarity and reassurance for a better government or does it reflect instability ? Let's find out.
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