The UK's Chancellor of the Exchequer Phillip Hammond warned of a collapse of the pound.

UK Telegraph article:

  • The Chancellor warned on Tuesday that the value of the pound could fall significantly if Theresa May fails to reach agreement on a Brexit delay with Brussels.
  • He suggested that the impact of uncertainty on the markets could encourage MPs to vote to reverse Brexit by revoking Article 50.

Phil with the forex advice ….

Tele is gated, here is the link if you can access.

The Eu meet on Wednesday to decide whether to grant an extension to the Brexit date to the UK.

 UK's Chancellor of the Exchequer Phillip Hammond warned of a collapse of the pound.