No progress in the Brexit negotiations. The planned "light" shift of the UK exit from the Union

Yesterday, UK Premier Theresa May announced the possibility of delaying Brexit if it is not possible to negotiate better conditions. Rejecting the currently proposed solutions would be equal to the "no deal" exit. However, there is a very good chance to postpone the date of departure from the European Union for another three months, which would lead to a consensus. The European House of Commons is supposed to vote for a possible exit without agreement or an extension of the farewell to Great Britain.

Theresa May has already announced that the key Brexit vote in the House of Commons will be postponed from February to March. The exact date has been set for March 12. Of course, the date is not accidental, as it is to take place before the speech of Chancellor of the Treasury Philip Hammond's "Spring Statement". It is to present forecasts for the British economy on March 13th.

It's just a political game ...

The Brexit delay in the eyes of many British politicians is just a political game. At the first reports of the desire to extend the parting of Great Britain with the European Union, the "good intentions" of the community that would support the negotiations were denied. The additional time is to facilitate Theresa's parliament. May adopt new changes related to the exit from the EU. This scenario is supported by Donald Tusk. The President of the European Council may call a possible delay a reasonable solution.

Uncertainty does not frighten the pound

The British currency does not seem to pay much attention to the political turmoil. The pound strongly sets new levels. Compared to the Polish currency, it exceeded the PLN 5 level. His rate is the most expensive (compared to PLN) from the first half of the year 2017. In the near future, there is no indication that the trend on GBP / PLN may suddenly reverse.

GBP / PLN chart, weekly interval