The Pound fell following the announcement of Boris Johnson’s resignation.
Investors worry that Theresa May is at risk of a leadership challenge, increasing uncertainty in the British economy.
The Pound has gained, following Davis’s resignation. It was perceived that this would permit the U.K. to switch to a strategy that brought it closer to the EU.
However, that confidence was short lived.
Further resignations could turn everything upside down.
HANSARD 