In a brief statement, U.K. Prime Minister Liz Truss announced her resignation. Truss said she cannot deliver on the mandate she won in the Conservative election, and said a new leadership election will be held in a week. Betting markets suggest that Rishi Sunak, the former chancellor, may succeed her. The pound was stronger on the day, at $1.1272, and U.K. bonds also rose.
Top 3 trade ideas for 21 May 2026
Trade ideas for EURGBP, XAGUSD, and USDCHF are available today. The ideas expire on 22 May 2026 at 8:00 AM (GMT +3). EURGBP trade idea