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Pound higher as political crisis in the UK leads to the resignation of Brexist minister

GBPUSD News by Newsroom on 08:15 July 09, 2018 EST

The pound is testing 3 weeks highs against the US dollar on Monday morning currently trading at 1.335.

The political ordeal in the UK continues as three Brexit Minister resigns amid reports of a split in the UK government on the plan  announced by PM May which leaves her also in a precarious position .

The pound si helped by the broad-based US dollar weakness on the back of mixed US jobs data that nevertheless propelled the US stock market on Friday trading .