The pound is holding steady against the euro today and is currently trading around €1.172. GBP/EUR flattened following last night’s vote on a no-deal Brexit which was rejected by a majority of 43. Following the vote Prime Minister Theresa May warned MPs: “The options before us are the same as they always have been. The legal default in EU and UK law is that the UK will leave without a deal unless something else is agreed. The onus is now on every one of us in this House to find out what that is.”
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