Brexit : May has two and half weeks to renegotiate the backstop

Perkembangan atas judul tersebut akan menjadi sumber volatilitas GBP mendatang.

The EU27 menolak hal tersebut dan May akan mendapat restu parlemen jika dapat melakukan renegosiasi tersebut.

Jadi, Jika EU27 bersedia untuk negosiasi ulang maka GBP positif, jika tidak maka negatif karena akan meningkatkan ketidakpastian.

Comment:

research.danskebank.com/research/

EUR/GBP broke above 0.8750 as parliament rejected the Cooper amendment. While the rejection was somewhat of a disappointment for the market, the sell-off in GBP seems fair in the light of past week's rally as uncertainty remains intact. Overall, however, the risk of a no deal Brexit still appears to be lower compared to a month ago, which justifies a lower range for EUR/GBP, and we expect EUR/GBP to stay within the 0.86-0-89 range near term. We maintain the view that it will require further reduction in the 'no deal' Brexit risk for EUR/GBP to test and eventually break below 0.86.

This could happen in the case of either;
1) improved odds for Theresa May's deal being passed in parliament, or
2) an extension of article 50 combined with renewed negotiations between UK and EU or
3) if a second referendum is called.