UK PM May's spokesman: Clear we are not going to be able to reach a complete agreement with Labour

Eren Sengezer FXStreet

British Prime Minister Theresa May's spokesman crossed the wires in the last minutes saying that it was clear to them that they wouldn't be able to reach a "complete agreement" with the opposition Labour party.

Earlier in the day, Labour leader Corby said that they will continue to oppose PM May's Brexit deal.

The GBP/USD extended its slide on these headlines and was last seen trading at its lowest level since mid-January at 1.2754, losing 0.32% on the day.

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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