UK: Lawmakers reject motion to block no-deal Brexit, GBP/USD drops below 1.27

News

British lawmakers have rejected the motion to seize the parliamentary time to try and prevent a no-deal Brexit, 309 vs 298. With the initial reaction, the GBP/USD pair came under strong bearish pressure and slumped below the 1.27 mark. As of writing, the pair was down 0.2% on the day at 1.2695. 

Products You May Like

Articles You May Like

Goldman Sachs CEO Says Market Negative on Tariffs as Political Tools
Why Your State Might Be Sabotaging Your Retirement Strategy
For NZD traders – next week’s big events a risk for higher
WTI crude oil futures settle at $52.21
Stocks stabilize as markets await trade and Hong Kong developments; Oil Surges on tanker attacks in Middle East

Leave a Reply

Your email address will not be published. Required fields are marked *