The Pound is having a hard hit as Prime Minister Boris Johnson would ask the Queen to suspend the Parliament, according to a BBC news post.
Cable, hit by the news has dropped heavily breaking down the ascending channel and moving below the 1.22 level. Since that is a news-driven movement, no technical guidance is possible. Lauda Kuenssberg said only a handful of ministers new Johnson plans to shut down the parliament.
This is clearly the defence No 10 is going to run against charges of carrying out a constitutional outrage… there is going to be nothing 'bog standard' about the arguments ahead – PM has pitted himself against Parliament before MPs back – buckle up (and hello again)
— Laura Kuenssberg (@bbclaurak) August 28, 2019