Speaker of the lower house, John Bercow, on Monday announced that there will not be a meaningful Brexit vote. “There are two issues: one of substance, the other of circumstance. Today’s motion seeks approval for same things as Saturday’s,” Bercow noted. “It is clear the motions are in substance the same. This matter was decided fewer than 49 hours ago.” The initial market reaction dragged the GBP/USD pair to 1.2960 area but the negative impact of Bercow’s comments on the British pound faded away quickly. As of writing, the pair was trading at 1.2990, adding 0.15% on a daily basis. Below are some additional quotes, per Reuters. “It is hard to see a significant change of circumstance that would warrant a reconsideration on the next sitting day.” “Application for Brexit delay is not persuasive as a change of circumstance.” “Today’s motion is in substance the same and the house has decided the matter.” “The motion will not be debated today.” “It would be repetitive and disorderly to do so. It is legitimate for the government to introduce its EU withdrawal bill.” 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 BCH/USD technical analysis: Good move higher backed by decent volume FX Street 3 years Speaker of the lower house, John Bercow, on Monday announced that there will not be a meaningful Brexit vote. "There are two issues: one of substance, the other of circumstance. Today's motion seeks approval for same things as Saturday's," Bercow noted. "It is clear the motions are in substance the same. This matter was decided fewer than 49 hours ago." The initial market reaction dragged the GBP/USD pair to 1.2960 area but the negative impact of Bercow's comments on the British pound faded away quickly. As of writing, the pair was trading at 1.2990, adding 0.15% on a daily… 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.
