UK PM May is ‘extremely confident’ of triggering Article 50 by end-March – FT

Dhwani Mehta FXStreet

Former members of the Remain campaign told the Financial Times (FT) that the UK PM Theresa May is extremely confident that she can trigger the Article 50 Brexit-process by March-end, despite her losing a Supreme Court appeal next week.

One of the Liberal Democrat MPs stated, “We have no doubt at all that we can proceed on the timetable we have set out. She is extremely confident.”

The GBP/USD pair extends its recovery ahead of the UK construction PMI report, now hovering around 1.2630 region, up +0.32% so far.

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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