“GBP is chopping in a relatively narrow range around 1.32 as the market struggles to interpret the increasingly frantic developments in UK politics,” note AmpGFX analysts and summarise today’s price action: “The GBP strengthened from its recent lows last week after the EU agreed to provide another two weeks for the UK to decide on a path, until 12 April. This appears to have made space for parliament to come up with an alternative to PM May’s deal, and/or reduce the risk of an accidental no-deal Brexit.” “However, the gains have been muted as it remains unclear what path the UK parliament will take. The GBP seemed to strengthen on reports that ERG Chair Rees-Mogg might support May’s deal. However, it is not clear why the market would like this outcome.” 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 EUR/USD drops further under 1.1280, eyes last week lows FX Street 4 years "GBP is chopping in a relatively narrow range around 1.32 as the market struggles to interpret the increasingly frantic developments in UK politics," note AmpGFX analysts and summarise today's price action: "The GBP strengthened from its recent lows last week after the EU agreed to provide another two weeks for the UK to decide on a path, until 12 April. This appears to have made space for parliament to come up with an alternative to PM May's deal, and/or reduce the risk of an accidental no-deal Brexit." "However, the gains have been muted as it remains unclear what path the… 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.
