Breaking: Sterling rises to 9-week high on reports of pro-Brexit Conservatives supporting Brexit deal

  • GBPUSD rises above 1.2900 on reports of pro-Brexit Conservatives supporting Theresa May's Brexit deal in parliament in a vote on Tuesday.
  • The GBP/USD trades above 1.2900 for the first time since November 22 last year.

The GBP/USD is trading up 0.6% on the day after the reports of pro-Brexit influential members of Conservative party turning Brexit deal positive the day before the House of Commons votes on Brexit deal tomorrow, January 15. 

Influential Conservative party members of parliament said they "will be voting with Theresa May and the government all day tomorrow" unless Hilary Benn withdraws his amendment that would rule out a no-deal Brexit.



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