Theresa May

GBP/USD is trading below 1.3000, flirting with 6-week lows. The focus remains on Brexit, amid plots to oust PM May. The technical picture is quite bearish for the pair. GBP/USD is trading around 1.2980, close to the lowest levels since March 11th. It traded in a narrow range in the long Easter...

The GBP/USD pair edged higher for the second consecutive session on Tuesday and jumped back above the 1.3100 round figure mark, or multi-day tops during the early European session. The British Pound found some support after the House of Lords approved Cooper-Letwin bill that would force PM to...

United Kingdom Prime Minister Theresa May's third attempt to pass a deal to leave the European Union was shot down in Parliament by a vote of 344-286 Friday, according to the BBC.  What Happened  Friday was the date the UK was initially supposed to leave the European Union in a...

The United Kingdom's Prime Minister Theresa May is making a concerted effort to get her divided party and other supporters behind her Brexit withdrawal proposal, which she intends to bring back to the House of Commons for a third vote on Friday, 29 March. Following another dramatic day in the...

GBP/USD is trading in the lower end of the recent range as the Brexit impasse continues.  The government and Parliament will try to find a way forward, 15 days to Brexit. The technical picture is worsening for cable. GBP/USD is trading below 1.3150, at the bottom end of the recent range: 1....

British Prime Minister Theresa May told members of her Conservative Party that she will step down ahead of a second phase of talks on how the country will exit the European Union — the troubled process known as Brexit. Conservative Party members of Parliament told Reuters and other media...

GBP/USD kicks off the week slightly lower as Brexit uncertainty looms. Contradicting reports about the next Brexit steps and May's future are set to move the pound The technical picture is decidedly mixed for the pair. GBP/USD is slipping off the 1.3200 level after recovering on Friday....

Ministers at the European Council have agreed to an extension to Article 50 up to 22 May if Parliament finally passes the Government's Withdrawal Agreement. However, if that deal falls for a third time then there is a delay until 12 April when the United Kingdom (UK) must decide to leave the...

The iShares MSCI United Kingdom Index (NYSE: EWU) and Vanguard FTSE Europe ETF (NYSE: VGK) opened slightly higher Wednesday after U.K. lawmakers voted down another Brexit deal proposed by Prime Minister Theresa May. The proposal failed by 149 votes, representing a shrinking...

British Prime Minister Theresa May will go down in history after her Brexit proposal suffered the biggest defeat ever by 230 votes in Parliament. But on Wednesday, many of the politicians who didn't support her Brexit proposal agreed to keep her in power. This could be seen as a sign that...

Investors and businesses were digesting the latest developments in the U.K’s stumble toward an exit from the European Union with as much uncertainty as the nation itself has about how, when or if it will actually occur.  Britain’s FTSE 100 was down — but not...

The British Parliament on Tuesday rejected Prime Minister Theresa May’s Brexit plan for leaving the European Union, a stunning defeat leaving Britain’s withdrawal from the common market up in the air. The vote was 432-202 against May’s plan, leaving in question how – and...

The British people voted in 2016 to leave the European Union with a divorce date set for March 29, 2019. But with less than 80 days until then, the British government has yet to reach a finalized agreement with the European Union to govern the exit and what their relationship will look after the...