Plan A? Plan B? It all looks the same to me

GBP Volatility increased when May stood up in Parliament to announce her “plan B” which looks awfully like plan A but with a set of fake glasses and a moustache on. However, the final shape of the backup plan will only start to take a new form once the voting on...

May seeks Plan B after the catastrophic loss last week

GBP After the historic defeat of her Withdrawal Bill last week Theresa May is once again set to pull a new rabbit out of her hat that can shake the Brexit process out of its deadlock as she is expected to announce her ‘Plan B’ from 14:30 GMT. May will seek to strike...

Dollar rallies as US-Sino relations ease

GBP Yesterday saw another choppy session for GBPUSD as Theresa May stared down another question on her authority. After winning the vote of no confidence, brought up by Labour leader Jeremy Corbyn after the historic defeat of the withdrawal deal on Tuesday night, the...

Record defeat for May see’s pound rally

GBP Sterling ended yesterday’s session flat on the whole after major swings following a hammer blow for Prime Minister Theresa May’s Withdrawal Bill. The pound fell half a percentage point in the immediate aftermath against the US dollar, but then promptly rallied as...

Judgement day for May

GBP Sterling flirted with a half of a percentage point rally yesterday after ITV sources claimed that the Conservative party’s eurosceptic European Research Group would side with Mrs May in today’s meaningful vote. This was short-lived, however, after minister Steve...