Volatility not over despite Pound reaching highest level since June 2018 as MPs vote against no-deal Brexit

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It has been yet another dramatic 24 hours of swings both higher and lower for the British Pound as volatility continues in the lead up to the fast-approaching March 29 deadline for the United Kingdom to leave the European Union.

The GBPUSD jumped over 2% late on Wednesday trade to touch its highest level since June 2018 in the aftermath of MPs voting to take the enigma of a no-deal Brexit away from the table. This is viewed as a positive move for investors because it severely dilutes the risk of a disorderly exit from the European Union, but I still do not expect for investors to be able… Read More:

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