Supreme Court decision on Brexit – Tomorrow, 24 January 2017.
Tomorrow the UK Supreme Court will announce its decision on whether Parliament should have a say in triggering the official process for leaving the EU.
Given that Parliament is seen as favouring a “soft Brexit”, if the Court decides that lawmakers should be involved with the Brexit process, we could see another relief rally in GBP.
On the other hand, if the Court rules that the government can act unilaterally, GBP could come under renewed selling interest.
*All trading involves risk. It is possible to lose all your capital.
After the “Brexit” last year, UK is now considering to leave European Economy completely or not.
The Prime Minister of UK, Theresa May has mentioned that there is “no way that UK staying within the European Economy”. Although the decision hasn’t been made yet, UK’s supreme court will announce the decision tomorrow.
Are you ready to get through the expected high volatility?
Make additional deposits, close trades or start planning how to get through the volatility.
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*This article does not include any advises on your investment decisions.