HSBC analysts are suggesting that GBP is likely to stabilise, or even see a modest bounce, if Parliament votes against ‘no deal’ Brexit on 13 March, which is a broad consensus in media (e.g. Reuters, 13 Mar), but a confirmation would be beneficial for the currency Key Quotes “Members of the UK Parliament (MPs) have already voted, by a margin of 8, in favour of a prior amendment to show their opposition to ‘no deal’ Brexit.” “The more MPs voting against ‘no deal’ Brexit, the better it would be for the GBP in the short term.” 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 Technical Analysis: Attempted move beyond 1.1300 mark likely to get sold into FX Street 4 years HSBC analysts are suggesting that GBP is likely to stabilise, or even see a modest bounce, if Parliament votes against 'no deal' Brexit on 13 March, which is a broad consensus in media (e.g. Reuters, 13 Mar), but a confirmation would be beneficial for the currency Key Quotes "Members of the UK Parliament (MPs) have already voted, by a margin of 8, in favour of a prior amendment to show their opposition to 'no deal' Brexit." "The more MPs voting against 'no deal' Brexit, the better it would be for the GBP in the short term." 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.