UK PM Cameron says he is stepping down, but not just yet

Further to my previous post 24 June 2016

Worthy of a headline post.

  • new negotiations with EU/globe should start under a new PM

Cameron will attend European Council meeting next but stand down by Tory party conference in Oct.

I repeat again that his position was now untenable and he did the honourable thing. Next to go must be fin min Osborne.

GBPUSD unfazed and heads higher to 1.3771 on some of the uncertainty being removed but still much more ahead. EURGBP 0.8062

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