UK PM May will resign on Friday – The UK Times

The UK Times report that the British Prime Minister Theresa May is preparing to quit her position after latest cabinet mutiny over her Brexit proposal.

The news report that some of her allies say that the PM May will announce her departure on Thursday. Latest departure of House of Commons’ leader Andrea Leadsom was also mentioned in the piece.

The GBP/USD pair gives less care to the news as it witnesses pullback during early Asian session on Thursday.