Pound holds steady ahead of Plan B presentation

Prime Minister Theresa May is set to present next steps in the Brexit process today at 3:30 pm GMT in the UK parliament. The need to develop a “Plan B” resulted from tremendous defeat the Withdrawal Agreement suffered during House of Commons vote last Tuesday. While it is unknown what May will present, the odds suggest that any kind of solution is likely to be humiliated during parliamentary vote on 29 January. GBPUSD trades flat ahead of the presentation.

Daily summary: Risk-on approach dominates economic data
US OPEN: Alphabet joins $1 trillion market cap club
Technical alert: OIL.WTI
Crypto Newsletter: Dash shines among altcoins
BREAKING: GBPUSD pulls back below 1.31 after retail sales miss
When performing transactions in the OTC Forex market, the possibility of making a profit is inextricably linked with the risk of losses.