Analysts at Deutsche Bank note that the UK PM May confirmed yesterday that should her deal be rejected by March 12, then the PM will put forward the choice to MPs of a no-deal Brexit vote on March 13 and should that be rejected, then a vote on extending Article 50 will be put forward on March 14. Key Quotes “We know that May would ask for a short and one-off extension (not beyond June) but we don’t know what the EU will agree to and we won’t know for sure until the EU engage on the issue.” “Bloomberg has previously reported some EU officials as saying they would back an extension of as much as 21 months but the truth is we won’t really know until closer to the above dates.” “GBP/USD rallied throughout the session yesterday, ending +1.21% stronger, its best performance since last November. We’re reading at $1.3248 overnight which is the highest since last July. EUR/GBP is now at 0.857 and the strongest since May 2017. We should add that our FX strategists yesterday reinstated their Sterling long trade in light of recent developments and target 0.84 in EUR/GBP.” 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 Bitcoin price prediction: Bulls are up to something? – Confluence Detector FX Street 4 years Analysts at Deutsche Bank note that the UK PM May confirmed yesterday that should her deal be rejected by March 12, then the PM will put forward the choice to MPs of a no-deal Brexit vote on March 13 and should that be rejected, then a vote on extending Article 50 will be put forward on March 14. Key Quotes "We know that May would ask for a short and one-off extension (not beyond June) but we don't know what the EU will agree to and we won't know for sure until the EU engage on the issue." "Bloomberg has… 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.
