Breaking: Parliament votes down PM May's Brexit deal, GBP/USD volatile around 1.27

British Parliament has rejected Prime Minister Theresa May's Brexit deal with a majority of 230, 202 vs 432.

With the initial market reaction, the GBP/USD pair slumped to a low of 1.2667 and was last seen trading around 1.2710, down 1.15% on a daily basis.

Jan 15, 2019

UK: MPs vote down amendment to rewrite Irish backstop

MPs have voted down John Baron's amendment F to allow the UK to have a unilateral right to terminate the Irish backstop by 600 votes to 24. MPs are no

UK PM May: Tonight's vote shows nothing about what Parliament supports

British Prime Minister Theresa May is delivering her remarks after the Parliament has rejected her Brexit deal with a majority of 230. Key quotes (vi