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Feb 13 - 01:24 AM
GBP: 3 Possible Outcome For Thursday's Amendment Votes - Citi
First appeared on eFXplus on Feb 12 - 02:05 PM

 Citi discusses the latest developments on Brexit ahead of Thursday’s amendment votes. 

"Citi analysts see 3 possible options for Thursday’s outcome (1) the UK parliament votes to give PM May the mandate to take the negotiations further to the brink; (2) UK parliament votes to stop or re-set the clock (no Brexit at least for now, through Article 50 extension or revocation) or (3) abort attempts to secure a deal and prepare for no-deal Brexit," Citi argues. 

"Citi’s base case is the UK Parliament is likely to take negotiations further to the brink. Importantly, Citi analysts do not see any majority for a “No Deal” Brexit in Parliament or a willingness of the UK government to actively pursue it," Citi adds. 

Source:
Citi Research/Market Commentary

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