UK lawmakers approve Brexit delay law at final House of Commons stage
|British lawmakers have approved the law that will block the UK from leaving the European Union on October 31 if there is no deal and force British Prime Minister to demand an extension until January 31, 2020. The vote was 327 vs. 299.
The fact that this outcome was expected failed to trigger a fresh wave of GBP-buying and allowed the GBP/USD pair cling to its strong daily gains above the 1.22 mark. As of writing, the pair was up %1.1 on the day at 1.2217.
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.