Heads Up: New Brexit Deal Vote in Highlights - Forex News by FX Leaders
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Heads Up: New Brexit Deal Vote in Highlights

Posted Tuesday, January 29, 2019 by
Arslan Butt • 1 min read

The UK parliament will be discussing and voting on the key Brexit terms today. MPs will decide to change May’s “Plan B” – the course she was forced down when they overwhelmingly refused her divorce deal earlier this month.

Fellas, be very careful with forex trading as we can expect sudden fluctuations in the prices, and brokers may also widen spreads, especially for the Sterling pairs.

What are they voting on?

During the previous week, the Members of Parliment decided not to accept May’s divorce deal on the fight to take Britain out of the EU with a deal.

For now, May is likely to come up with amendments in the previous deal. As per sources, there’s very little new in it, aside from a word to battle the £65 charge for EU citizens in the UK, which will be applied to them after Brexit. So brace yourself for an impact!

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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