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sgkrishn replied Oct 22, 2019The government is set to win the first vote and it may be GBP/UDS positive, but limited. A shock defeat could send it plunging.
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sgkrishn replied Oct 22, 2019A victory on the first vote is probably priced in, and if it fails, GBP/USD may crash. The second vote is up in the air. If it fails and Johnson abandons the process, it may crash. And in case both votes pass, a rally is likely.
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sgkrishn replied Oct 22, 2019Whats going to happen Any guesses pls 1) Vote passes, program motion fails – GBP/USD set to advance As mentioned earlier, the PM has probably managed to convince just enough MPs to support the deal. The rejection of the Democratic Unionist Party ...
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sgkrishn replied Oct 22, 2019Two hours until the vote The big Brexit bill will come to a vote at about 6:30 pm in London, that's 1730 GMT. There is a growing sense that parliament is ready to get-on with Brexit. The main fight right now is whether to slow down the process but ...
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sgkrishn replied Oct 22, 2019But it's already 900up without retracement. So it should fall down right?
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sgkrishn replied Oct 22, 2019Says that the consequences of Brexit have been underestimated in the UK As mentioned here, the UK transition period is only up until the end of 2020 with any extension needed to be agreed upon by 1 July 2020. Johnson's withdrawal agreement bill lays ...
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sgkrishn replied Oct 22, 2019Tusk comments in a tweet "I am consulting EU leaders on how to respond to the British request for an Art. 50 extension. We should be ready for every scenario. But I made clear to PM @BorisJohnson: a no-deal #Brexit will never be our decision."
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sgkrishn replied Oct 22, 2019The UK Parliament will decide whether the UK PM Johnson's Brexit Plan is valid or not. In the case the Parliament don't approve it, chances of a hard Brexit will increase exponentially.
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sgkrishn replied Oct 21, 2019UK Minister Gove getting ducks in a row UK Minister Gove is on the wires saying: there has been no formal response received from the EU to PM Johnson's letter no certainty that EU will grant Brexit extension I must take the steps now to take care of ...
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sgkrishn replied Oct 21, 2019Thank god. That broker didn't show 1000pips gap down.
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sgkrishn replied Oct 21, 2019Same as before when Theresa May resigned. The whole BREXIT game will restarts.but may be this time EU may reduce their offer to 200million. These politicians always gives us surprises. Chance is there may be hard BREXIT happens on 31st Oct.
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sgkrishn replied Oct 20, 2019Brexit - as the prospects for a 'no deal' exit appears to fade, a GBP positive GBP opens a little weaker in early trade, but small only. Everyone was set for a big weekend in the UK parliament with a vote on the UK PM's Johnson's deal, but that was ...
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