Daily Analysis: 23 May 2019

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GBP

 

Fundamental Analysis

(23 May): Sterling slid to its 4 month low amid rising political uncertainty with pressure mounting on Theresa May to step down within days after her Brexit plan was rejected, increasing prospects of a pro-Brexit hardliner succeeding her, boosting risks of a hard or no-deal Brexit. 

 

 

 

 

 

 

Technical Analysis

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AUD

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Fundamental Analysis

(23 May): Sterling slid to its 4 month low amid rising political uncertainty with pressure mounting on Theresa May to step down within days after her Brexit plan was rejected, increasing prospects of a pro-Brexit hardliner succeeding her, boosting risks of a hard or no-deal Brexit.

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