News

UK government to call an election if MPs pass a no confidence vote next week - Senior official

According to the latest headlines floating on the wires, citing a senior official, the UK government threatened to call an election between November 1-5 if MPs pass a no-confidence vote next week.

The official further added that we won’t resign nor recommend another government, rather dissolve the parliament and there’ll be zero chance of Grieve legislation.

Meanwhile, the GBP/USD pair maintained its heavily offered tone and now seems to have entered a bearish consolidation phase, oscillating in a narrow trading band around the 1.2200 handle.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.