Citibank analysts suggest that the UK’s choice is still between a short or longer extension to Article 50 and while any extension would require EU agreement (and likely granted), nothing significant appears to have changed yesterday. Key Quotes “It’s either: (1) Theresa May’s deal is passed in a MV3 next week and a short extension follows to complete legislation formalities or (2) a longer extension is granted to UK that brings into play the prospects of fresh elections and a possible 2nd referendum.” “Sterling is likely to find support in either scenario but with a sharper and more sustained rally more likely under scenario (1) whereas (2) may see shallower gains followed by a correction as election/ 2nd referendum uncertainties loom.” 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 FOMC: All focus on dot plot – TDS FX Street 4 years Citibank analysts suggest that the UK's choice is still between a short or longer extension to Article 50 and while any extension would require EU agreement (and likely granted), nothing significant appears to have changed yesterday. Key Quotes "It's either: (1) Theresa May's deal is passed in a MV3 next week and a short extension follows to complete legislation formalities or (2) a longer extension is granted to UK that brings into play the prospects of fresh elections and a possible 2nd referendum." "Sterling is likely to find support in either scenario but with a sharper and more sustained rally… 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.
