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Pound breaks lower as Brexit plan rejected by the UK parliament for3rd time. Hard Brexit looms.

GBPUSD News by Newsroom on 10:51 March 29, 2019 EST

Theresa May's agreement with the EU has been rejected by Westminster on Friday afternoon for third time.

Pound has broken below 1.30 against the US dollar but also the Euro trades lower against its US counterpart.

Voting: YES 286 NO: 344

With this now the default option is a hard Brexit on the 12th of April though it is likely an extension will be requested.