The pound has been very sensitive to all things Brexit over the last nine months since the EU referendum but how did it trade on the day UK Prime Minister Theresa May officially triggered article 50?
With the process now underway, what are the next steps? Will negotiations begin immediately and if not when? What other factors do we need to consider? Most importantly, what does all this mean for GBPUSD?
Senior Market Analyst Craig Erlam discusses all of this and gives his analysis on the daily, 4-hour, 1-hour and 15 minute charts.
Weekly Market Snapshot – 28 March 2017 (Video)
Can Oil Build on Yesterday’s Gains?
USD/JPY – Yen Shrugs off Weak Retail Sales
Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at email@example.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.