Germany’s Roettgen: Brexit now inevitable, but we should keep ties close

Dhwani Mehta FXStreet

The German Conservative Party lawmaker and ally of Chancellor Angela Merkel, Norbert Roettgen, said on Friday, UK PM Johnson’s election victory ensures that a Brexit is inevitable now.

Key Quotes (via Twitter):

“It’s no secret that personally I wanted the UK to #remain in the EU.”

“But the British people have decided & we have to accept their choice: With Johnson’s victory, Brexit has become inevitable. Our goal now has to be to keep relations with the UK as close as possible.”

The GBP/USD pair has managed to halt the correction just ahead of the 1.34 handle and still trades with 2% gains near 1.3425 region amid Brexit optimism.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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