Home GBP/USD – Cable falls as comments from SNP’s Sturgeon inspires more losses
FXStreet News

GBP/USD – Cable falls as comments from SNP’s Sturgeon inspires more losses

  • Nicola Sturgeon says she would form an alliance to block the Conservatives.
  • GBP/USD falls to fresh session lows on the back of the comments

 

GBP/USD has taken a dive this morning after some USD strength.

Now the moves are accelerating after the comments from the Scottish National Party leader.

SNP’s Sturgeon if there is a hung parliament, would seek to form a progressive alliance to block the Conservative party from Government.

She also said that if the SNP win a majority in Scotland what is to stop the SNP from calling another Scottish referendum.

GBP/USD 30-Minute Chart

GBP Analysis

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.