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GBP/USD: Supreme Court not an issue, Brexit to go ahead rapidly - Scotiabank

Analysts at Scotiabank explained that they thought the GBP risked dipping a little more yesterday.

Key Quotes:

"But markets appear to have swung around to our view that the Supreme Court decision on Brexit did not complicate the outlook significantly; the process for parliamentary approval for triggering Article 50 should be fairly rapid and PM May should be able to respect her self-imposed deadline of a late March declaration of formal exit proceedings."

GBP/USD hits fresh 1-month highs above 1.2600

The pound gained momentum in the market during the last hours and climbed across the board. GBP/USD broke above 1.2600 and reached 1.2616...
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