Everyone’s eyes will be on the Sterling again today as the UK Prime Minister Boris Johnson sets out toward one more confrontation in parliament with lawmakers set to decide on the second reading of the withdrawal agreement bill set forward yesterday.

All in all, it’s about parliamentary mathematics again yet to the extent optimism goes, it creates the impression that Johnson may have the numbers on his side – in spite of the fact that the vote is expected to be amazingly close (<10 votes).

The GBP traders are keeping their expectations up still as the GBPUSD pair rests under the 1.30 handle in early European trading. Nevertheless, the incoming Brexit-related headlines stay GBP’s key driver.

The New Zealand Dollar keeps the upside momentum well and sound as NZDUSD pair looks for a break over the 0.64 handle right now.

Rose Alice

About: Rose Alice

Rose Alice has a long experience as a currency analyst with a deep knowledge of the relationship between macroeconomics and currencies fluctuation.