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Brexit Newest: British Pound Climbs as Parliament Vote Passes

BRITISH POUND, BREXIT LATEST, UK PARLIAMENT VOTE

British MPs go vote to take management of Parliament agenda 328-301 in newest blow to Brexit hardliner and Conservative PM Boris Johnson GBPUSD rose to session highs because the Pound Sterling erased losses earlier within the day on damped no-deal Brexit dangerTry our Brexit Timeline for particulars on how Brexit negotiations have impacted the UK, Pound Sterling and monetary markets

With British MPs now answerable for Parliament’s agenda, the Home of Commons is about to debate and vote on a movement throughout tomorrow’s session aiming to delay the October 31 Brexit deadline. The transfer is available in response to final week’s Brexit growth when PM Boris Johnson acquired approval from the Queen to droop Parliament and pressure a no-deal departure from the EU.

Following the outcomes, a pissed off PM Boris Johnson said that “Parliament is on the point of wrecking any Brexit deal,” including that if Parliament votes to delay Brexit on Wednesday a basic election can be known as. On the opposite facet of the isle, Labour Occasion chief Jeremy Corbyn said that he welcomed tonight’s vote.

GBPUSD PRICE CHART: 15-MINUTE TIME FRAME (SEPTEMBER 02, 2019 TO SEPTEMBER 03, 2019)

GBPUSD Price Chart Brexit Vote UK Parliament

The British Pound prolonged its intraday rebound following the most recent Brexit vote outcomes. The Pound Sterling might proceed to climb because it mirrors the autumn in no-deal Brexit dangers.

Please examine again quickly for added info; this story continues to be creating…

— Written by Wealthy Dvorak, Junior Analyst for DailyFX.com

Join with @RichDvorakFX on Twitter for real-time market perception

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