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26.11.201814:28 Forex Analysis & Reviews: The pound strengthened after the approval of the EU draft agreement on Brexit

Long-term review

Exchange Rates 26.11.2018 analysis

The pound sterling slightly strengthened against the major world currencies after the EU leaders officially approved the Brexit agreement.

EU representatives warned UK politicians that the current proposal is the best possible and there is no "reserve plan".

Now the country's prime minister, Theresa May, should receive the support of parliament since the failure of the agreement can lead to the UK leaving the EU without a deal.

As of 11:20 London time, the GBP / USD currency pair added 0.27% of the value, reaching 1.2847. The pair EUR / GBP fell by 0.01%, to the level of 0.8847.

Roman Agafonov,
Analytical expert of InstaSpot
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