July 12, 2016 BY Valentina Kirilova

No more Brexit crisis: New Prime Minister of the UK, GBPUSD up 1.3% back above 1.3100

The GBPUSD is approaching the 1.31 handle after the pair saw a push higher following yesterday's political developments that Theresa May is set to become the Prime Minister of the UK following the shock resignation of her rival for the role, Andrea Leadsom. Leadsom quitting the race is a positive for Sterling simply because a…

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