British lawmakers have rejected down the Yvette Cooper amendment, 321 vs 298, which would guarantee time for Cooper to draft a bill to extend article 50 to the end of 2019 if PM May were to fail to secure a deal by late February.
With the initial market reaction, the GBP/USD pair came under a heavy selling pressure and was last seen trading at 1.31, losing 0.46% on a daily basis.
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