Sources: Michael Gove said to have decided to stay on

Dhwani Mehta FXStreet

The GBP bulls are offered some reprieve, as the UK media quotes two sources, as saying that Michael Gove is said to have decided to stay on as Environment Secretary.

The sources said: “Michael is staying at Defra. He thinks it is important to continue working with Cabinet colleagues to ensure the best outcome for the country.”

GBP/USD jumped back to 1.2820 on the above headlines, before losing the steam to now trade just ahead of the 1.28 handlle.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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