“Political dynamics seem to be changing on the back of defections from both large parties as the popularity of this Independent Group seems to come at the cost of support for Labour,” Rabobank analysts say on the latest political developments in the UK ahead of the March 29 Brexit deadline. Key quotes “Consequently, the opposition party Labour has shifted their Brexit position to supporting a second referendum, thereby increasing the odds of a Bremain. These events might create a perfect storm for the EU-UK deal to get parliamentary approval on 12 March.” “In case of rejection, MP’s are expected to vote in favour of an extension of article 50 on 14 March and EU approval does not look problematic.” “We still see an orderly Brexit as the most likely outcome as the extension will give the British Parliament more time to find a consensus on a desired EU-UK deal. The chances of a hard Brexit also remain uncomfortably high on the back of the political gridlock on Brexit in the UK.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: Bears back in play, Hourly Ichimoku Cloud is bearish, Brexit and dollar politics in focus FX Street 4 years "Political dynamics seem to be changing on the back of defections from both large parties as the popularity of this Independent Group seems to come at the cost of support for Labour," Rabobank analysts say on the latest political developments in the UK ahead of the March 29 Brexit deadline. Key quotes "Consequently, the opposition party Labour has shifted their Brexit position to supporting a second referendum, thereby increasing the odds of a Bremain. These events might create a perfect storm for the EU-UK deal to get parliamentary approval on 12 March." "In case of rejection, MP's are expected to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
