Threats on Johnson

Opposition Labour Party leader Jeremy Corbyn reckons he’ll call a vote of no-confidence when Parliament returns next month while one rebel MP, Dominic Grieve, says a growing number of Tories will turn against Johnson if the cliff edge approaches. U.K. bond yields dived to record lows on Monday as talk of a general election increased traders’ appetites for haven assets.

Our analysts suggest to sell the GBP/USD. Our target for the pair is 1.2050.