Vice chair of UK Conservative Party resigns, calls for Boris Johnson to stand down

The vice-chair of the UK Conservative Party, Bim Afolami, has resigned and calls for Boris Johnson to stand down.

This follows a series of earlier key resignations from UK Tories as follows:

• UK political Tory resignations at Downing Street are dropping like bombs

In forex, however, the pound is holding up and testing the commitments of the bears into a critical area on the charts as follows:

The price is headed towards a 1-min time frame order block (grey areas) and an area of imbalance that could serve to be the last area of liquidity that the market is hunting down prior to a correction of the bullish trend into the price imbalances (grey areas) below. Bears will be looking for a peak formation at this juncture.