These days, every single Brexit Parliament vote is a potential game changer for the British pound but in every scenario we’ve seen so far the worst case outcome failed to hurt the currency. Prime Minister May’s Brexit withdrawal agreement saw a crushing defeat. She returned with a second plan that looked very much like the first as it did not include a request for the immediate extension of Article 50. Instead of falling, sterling rose to its strongest level in 11 weeks versus the U.S. dollar and its highest level in 8 months against the euro. So given that tomorrow’s vote will only open the door to more debates and ... (full story)