Forex traders no longer seem to believe in a successful outcome of Brexit. Prime Minister May’s latest plan to leave the European Union in a normal way threatens to fail. The British Pound fell to its lowest price against the US Dollar since the beginning of 2019.
Around half past ten this morning, the British Pound was quoted at $1.2679, a decrease of 0.4% since the beginning of this trading week. Yesterday the British Pound rose when it became known that there might be a referendum on Prime Minister May’s plans.