UK lawmakers support Article 50 extension

7:39 PM 14 March 2019

The British Parliament gives May’s Cabinet  to extend the Article 50 from the end of the March. Obviously, it depends on the consent of all members of the European Union. 412 members of the parliament votes for the extension and 202 against. The pound gained in the first reaction but now gives back earlier gains. The nearest support is above 1.3200.

It is worth to note that all amendments were rejected by the parliament. Rejection of Benn amendment (which was the close call) should be supportive for Theresa May. Source Bloomberg

GBPUSD decreases slightly after parliamentary vote to extend Article 50. Source: xStation5

Share:
Back

Join over 1 600 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits