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GBP/USD – What Next After Article 50?

The pound has been very sensitive to all things Brexit over the last nine months since the EU referendum but how did it trade on the day UK Prime Minister Theresa May officially triggered Article 50?

With the process now underway, what are the next steps? Will negotiations begin immediately and if not when? What other factors do we need to consider? Most importantly, what does all this mean for GBPUSD?

Senior Market Analyst Craig Erlam discusses all of this and gives his analysis on the daily, 4-hour, 1-hour and 15 minute charts.

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Big metallic pound symbol and small golden dollar sign


This post first appeared on MarketPulse - MarketPulse - MarketPulse Is The Mar, please read the originial post: here

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GBP/USD – What Next After Article 50?

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