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Tuesday, April 2, 2019

Brexit: The decisive day has come

On Monday, the British Parliament was unable to find a majority under any of the options for an agreement with the EU from the new referendum to the preservation of Britain in the trade and customs union.

On Tuesday, Premier Theresa May appointed a government meeting and the issue of postponing a Brexit date should be resolved for a long time until the end of the year or more.

This is a crucial moment for the markets: If such a delay is adopted, the Brexit theme will cease to be acute and will not affect the economy and markets for a long time.

This can give a strong impetus to European currencies, particularly the pound and the euro.

GBP/USD daily chart

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The material has been provided by InstaForex Company - www.instaforex.com

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