GBP/USD hits fresh 5-month lows as UK FinMin Hammond ‘prepared to resign’
|The pound is seeing some fresh selling interest across the board following the latest reports that the UK Chancellor of the Exchequer (Finance Minister) Hammond is prepared to resign due to his disagreement over the Prime Minster May's spending plans.
The GBP/USD pair dropped from near 1.2545 region to hit fresh 5-month lows of 1.2514 on the above reports.
Key Levels to watch
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