Trading the GBP pairs during the Brexit decision

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Brexit could become even more complex. https://www.bbc.com/news/uk-politics-47665289 {image}

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When will the parliamentary process start and end?
After a debate on the various proposals, MPs are expected to start voting at 7pm and the results should come in between 8.30pm and 10pm.

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MPs will vote on the withdrawal agreement, a legally-binding document setting out the terms of the UK's departure from the EU, at 14:30 GMT.
It includes:

1. Details of the UK's £39bn financial settlement with the EU
2. Guarantees about the rights of EU and UK citizens
3. Details of "transition period" until the end of 2020
4. Controversial arrangements for the backstop, which seeks to prevent the return of customs infrastructure at the Irish border in the event no UK-EU trade deal is enforced.

Attorney General Geoffrey Cox...

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“The EU is fully prepared for a no-deal scenario at midnight on April 12.”
Senior EU representatives also say the UK is likely to crash out of the bloc.
One said: “It’s an accelerating political meltdown in London.”
Martin Selmayr, Secretary-General of the European Commission, told representatives markets must be reassured the bloc is prepared for a no deal and it must be made clear the UK is to blame for a chaotic exit.

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Monday 1 April: MPs hold another set of votes on Brexit options to see if they can agree on a way forward

Wednesday 3 April: Potentially another round of so-called indicative votes

Wednesday 10 April: Emergency summit of EU leaders to consider any UK request for further extension

Friday 12 April: Brexit day if UK does not seek/EU does not grant further delay

23-26 May: European Parliamentary elections

Quoting MrPresident

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The Brexit mess is too complex https://www.nytimes.com/2019/03/29/w...confusion.html {image}

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Quoting dele5000

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{quote} Thanks Mr President, this information is very key and time, please keep updating.i think it's time to start selling pound

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Quoting MrPresident

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WEDNESDAY APRIL 10: EU SUMMIT ~ 17:00 BST (12pm EST) Another summit with EU leaders – where May will ask for a new delay beyond April 12. May's new plan is to strike a cross-party consensus in London and persuade EU leaders it means the deal can be delivered in time for Brexit on May 22. She may have to accept a longer extension that means holding EU elections, as Brussels has made clear this is a red line - and will take a decision on delay without Britain and it must be unanimous. EU officials including Michel Barnier have warned that the risk...

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1. What's happening with Brexit: MPs have given preliminary agreement to a bill preventing a no-deal Brexit. A further vote is expected at 7 p.m. local time (2 p.m. ET).
2. Will there be an election: Later, Parliament will vote on whether to hold an early election.
3. What happened earlier: Prime Minister BorisJohnson ousted 21 MPs from his own party after they voted with opposition lawmakers to take control of the parliamentary agenda, depriving him of a working majority.
4. Will Parliament still be suspended: Yes. Scotland's highest court ruled that Johnson's five-week prorogation of Parliament is lawful, and that it is not a matter for the courts.

Quoting MrPresident

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I think that GBP will rally higher today The charts looking like GBP has bottomed out on all pairs

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Quoting MrPresident

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{quote} Good news regarding Brexit is helping GBP appreciate again today. I expect minor pullbacks to be bought on all pairs. I think that the commodity currencies have a lot of lose against GBP.

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