UK Prime Minister Keir Starmer is expected to resign on Monday, following a Labour Party revolt and a by-election defeat. This move may lead to another chapter of political uncertainty in Britain.
Markets are bracing for impact, with some analysts predicting a decline in investor confidence ⚡, while others see an opportunity for market growth. The resignation could have significant effects on the economy.
The community is invited to share thoughts on this development 📢, and vote on the potential market implications 💡.
Price is struggling to break above the 1.37 resistance area and is forming lower highs on the lower timeframe. Continued rejection from this zone suggests sellers could push the price toward the 1.34 liquidity area
Price is cooling off after an explosive 100%+ rally and is starting to lose momentum below the 0.60–0.65 resistance zone. Such parabolic moves typically retrace to rebalance liquidity, making a correction toward the 0.50 area likely.