GBP to weaken further amid prolonged Brexit uncertainty – Goldman Sachs

BBC reports the recent comments delivered by Andrew Wilson, Europe, Middle East and Africa Chief Executive of Goldman Sachs Asset Management, following the UK PM May’s Brexit deal defeat.

Key Quotes:

"We expect the British pound, which has reversed last night's strength over the course of the day, to weaken further amid prolonged uncertainty.

That said, ruling out of a 'no-deal' Brexit could provide some support for the currency."