Brexit details are going into vote

Pound finally rallies after UK PM backs down

Prime Minister Theresa May finally gave in to the parliament’s pressure to debate her plan on Brexit. However, she asked the lawmakers for more time to negotiate.
This decision resulted in a rise of the sterling calming down investors, who were unsure of her move.

The British Parliament will debate on Wednesday on the government’s negotiating procedure, a proposal put forward by the Labour Mps, but also supported by of some members of May’s Conservative Party.