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.

 

 

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.

RELATED TOPICS