The pound has recovered most of Tuesday’s losses after MPs voted to reject Theresa May’s Brexit deal.
The vote opens up a range of outcomes, including no deal, a renegotiation of Mrs May’s deal, or a second referendum.
Sterling was still down on the day by 0.4% to $1.279 after declines of more than 1%.
The currency slumped 7% in 2018 reflecting uncertainty about the terms of the UK’s exit from the European Union.
via BBC 
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