GBP / USD After a crushing fall on on Thursday, the British pound adjusted 59 points on Friday. Starting today, comes the decisive week for Theresa May's struggle to save her post and sign the Brexit Treaty on Sunday, November 25, at the EU Summit. Intrigue in two parliamentary episodes, whether or not the Conservative Party will be able to collect signatures to vote against the prime minister, as well as, whether or not the parliament will have time to accept the current (conditionally final) version of the agreement; we are leaning towards a negative scenario. That is, Theresa May will hold the final negotiations under the Damocles sword (after the resignation of Raab May, she personally undertook to continue the negotiations).
The price did not reach the resistance of the balance line on the four-hour chart. Now, the delay works against the price. The indicator lines will accelerate the decline and increase the technical pressure on the pound. Marlin signal line on H4 turns from the zero line down. After fixing the price under the trend line of the price channel (daily -1.2797), we are waiting for the resumption of the decline of the British currency to the downstream line in the area of 1.2575.
