European Parliament approves Brexit deal as expected
|The European Parliament voted in favour of approving the Brexit deal, 621 vs 49, allowing Brexit to take place on Friday.
Earlier in the day, European Commission President Ursula von der Leyen said that the UK will not be able to bring back the benefits of being an EU member with the new partnership deal.
"The EU will be vigilant in Brexit deal implementation in Northern Ireland," von der Leyen noted and added a precondition for a zero-quotas, zero-tariffs trade deal with Britain will be the "level playing field."
GBP/USD consolidates losses above 1.30
The GBP/USD pair paid no mind to this development as it was largely expected. As of writing, the pair was down 0.12% on the day at 1.3012.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.