Open trading account
Martin Essex says:
The Pound’s jump against the Dollar after the High Court in London ruled that the British Parliament is entitled to vote on Brexit provided confirmation Thursday that politics rather than monetary policy or the economy will continue to dominate sterling exchange rates in the months ahead.
GBP/USD rose sharply after the verdict that Brexit is subject to a Parliamentary vote and that the UK government alone does not have the constitutional authority to inform Brussels that it is triggering Article 50 of the EU Treaty that will begin the formal process for the UK to leave the EU.
UK's all market fell when UK left EU. now it gaining what they lost. other hand USD loosing they position. it may continue until election day.
The Pound’s jump against the Dollar after the High Court in London ruled that the British Parliament is entitled to vote on Brexit provided confirmation Thursday that politics rather than monetary policy or the economy will continue to dominate sterling exchange rates in the months ahead.
GBP/USD rose sharply after the verdict that Brexit is subject to a Parliamentary vote and that the UK government alone does not have the constitutional authority to inform Brussels that it is triggering Article 50 of the EU Treaty that will begin the formal process for the UK to leave the EU.
UK's all market fell when UK left EU. now it gaining what they lost. other hand USD loosing they position. it may continue until election day.