A vote of no confidence by Tory MPs against Theresa May will be held in one hour.
If at least 159 (out of 316) Conservative MPs speak out against the Prime Minister, she will be overthrown.
* A departure of Theresa May would have unpredictable consequences on the Brexit process and therefore drive cable lower by a lot....
* However, it appears, according to calculations of several British media, that the Prime Minister would win the vote in wich case GBP will find some short term strength.
** The result of this vote will set the tone for the coming days
If at least 159 (out of 316) Conservative MPs speak out against the Prime Minister, she will be overthrown.
* A departure of Theresa May would have unpredictable consequences on the Brexit process and therefore drive cable lower by a lot....
* However, it appears, according to calculations of several British media, that the Prime Minister would win the vote in wich case GBP will find some short term strength.
** The result of this vote will set the tone for the coming days
Note
I will post my ideas here for easier access first - Don't hesitate to joint.me/em16public
Note
20minutes left to voteNote
3 waves upNote
Note
Vote is out - Theresa May will staysNote
If this alternate count is correct, we might see some lower prices in the next few days Note
Think about taking profits on your longs
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.