Euro to pound forecast: Pound to euro forecast after Brexit extension agreed last night

The Prime Minster is still pushing for her deal, potentially with the support of the Labour party with a potential customs union. It does seem difficult to see a way forward considering how unpopular the deal has been to date. More importantly the Conservative Party appears to be turning on the Prime Minister following this extension last night and if a vote of no confidence was held then the numbers would likely be there for her to go. Pressure is likely to build for her to resign in the very near future and see a new Prime Minister take over with new direction.

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