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Why theresa may will resign?

Theresa May will take the leadership challenge today between 16:00 and 18:00 GMT. News of no  confidence vote surfaced today by bbc.

Last period has been tough on her and British people as well , who are now confused and not sure about their future in European bloc. Theresay May postponed the vote on brexit deal last Monday and she went to Brussels for more negotiations which was rejected by Donald tusk and Angela Merkel.

Gbp/Usd is currently trading at 1.2540$ after falling to 1.2478$ last night. The pair is under alot of pressure with all of this brexit news flow.
Next resistance for the pair lies at 1.2580$ , followed by 1.2640 then 1.2720$ . on the downside 1.2510$ will provide support  for the pair followed by 1.2480$ , yesterdays low.

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