UK’s Corbyn: Won’t seek to frustrate triggering of Article 50 - RTRS

The UK Labour Party leader Corbyn is out on the wires now, via Reuters, after the UK Supreme Court rejected Government’s appeal to bypass   parliament and initiate the Brexit by triggering Article 50.

Key Headlines:

Won’t seek to frustrate triggering of Article 50

But will seek to amend legislation

Labor to demand a plan from Govt to ensure it is accountable to parliament throughout Brexit negotiations

GBP/USD tumbles to lows on Supreme Court ruling, near 1.2440

GBP/USD faded the initial spike to daily highs beyond the 1.2500 handle, returning to the area of session lows in the 1.2450/40 band. GBP/USD weaker
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GBP/JPY faded the spike above 142.00

GBP/JPY has quickly reverted the bullish attempt above the 142.00 handle following the UK’s Supreme Court ruling on Article 50. GBP/JPY bid near 141.
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