After the Brexit negotiation between UK and EU yesterday, MPs are going to vote for Mrs.May's deal tonight.
In spite of the yesterday's agreement that the alternative arrangement for Irish backstop has to be made by December 2020, the agreement seems to be guaranteed from the legal perspective.
GBP once jumped at the yesterday's press conference, GBP dived today and GBPUSD now stays a little lower level before the press conference.
 |
| GBPUSD |
If the deal is rejected tonight's vote, it is likely to vote if UK proceed with Hard Brexit or extend the Brexit date though the extension won't guarantee preventing from Hard Brexit. According to Mr.Juncker, the president of European Commission, there is no more room to negotiate. It implies the market could foresee Hard Brexit in case of rejection against Mrs.May's deal at tonight's vote.
It's worth to prepare for the possibility of Flash Clash tonight.
To check Forex trading signals, download Forex Signal by QROSS X.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.