According to the latest headlines crossing the wires, Belfast's High Court dismissed on all grounds the case saying that a no-deal Brexit would contravene Northern Ireland's 1998 peace accord.
"The case is one of a series across the United Kingdom challenging Prime Minister's Boris Johnson's Brexit strategy. Johnson has said Britain must leave the EU on Oct. 31, whether or not it secures a deal on an orderly exit," Reuters explained.
The market reaction to this development was relatively muted and the GBP/USD pair was last seen trading at 1.2330, where it was virtually unchanged on the day.
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.