Brexit: Lots of switching Tory MPs now backing Theresa May's deal

Eren Sengezer FXStreet

"Lots of switching Tory MPs including Boris Johnson are now coming over to back Theresa May's deal. If the vote is on Friday (subject to John Bercow) MPs might vote to leave on the day in law Britain was meant to leave - March 29," Chief political correspondent of The Daily Telegraph, Christopher Hope, recently tweeted out.

Markets seem to be reacting positively to this development with the GBP/USD pair advancing to a fresh daily high of 1.3260.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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