# Pound on wild ride as market watches Parliament's Brexit decision | The National

> Sterling has fallen three consecutive weeks toward $1.27 as uncertainty grows over Parliament's vote on the Brexit divorce deal. A Bloomberg survey put a 55% chance on lawmakers rejecting the deal, and debates were set to begin on December 4 ahead of a vote a week later.

- Date: 2018-12-02 · published 2018-12-02T12:00:00.000Z
- Category: geopolitics · region UK · magnitude low
- Page: https://feedsoft.ai/events/61822-pound-on-wild-ride-as-market-watches-parliament-s-brexit-decision-the-national
- Commodities: [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Heightened political risk around Brexit is pressuring sterling and raising currency volatility for UK feed buyers pricing in dollars. Parliamentary outcomes could move the pound sharply in either direction.

## Read by commodity

- GBPUSD: bearish ▼

## Sources

- thenationalnews.com: https://www.thenationalnews.com/business/economy/pound-on-wild-ride-as-market-watches-parliament-s-brexit-decision-1.798095

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.