Will the British Parliament stop the agreement? Last moments before meeting

The British Parliament is starting a meeting today, which will focus on the recently concluded agreement between Boris Johnson and the European Union. Opinions on the vote on the settlement are strongly divided. How will the parliamentary session end? We'll find out about 16: 30 Polish time.

Official date unknown

One of the main and most important unknowns is when Britain will leave the European Union. This subject was to be raised on Saturday vote and approved by the House. During the weekend, parliamentarians postponed this decision to the next week. The government is increasingly pushing John Bercow to let him vote today. The market received this information with slight optimism.

Chart EUR / GBP H1 interval. Source: xNUMX XTB xStation

Saturday patches

Excessive optimism of investors before the Saturday vote helped the pound. Thinking back to Boris Johnson's announcement on leaving the EU without or with an agreement, he announced that the Brexit case would be closed in October. Thus, Great Britain was to leave the Community by the end of this month. Undoubtedly, this would be a huge political success due to the large criticism (from the opposition) of his "hard" strategy. With this concept in mind, I mean, above all, tenacity and a lack of compromise in the Prime Minister's talks with the EU. Johnson's talks with the Union eventually brought him the desired result. The situation is somewhat different in his own backyard, where the first discussions about gaining the support of the majority of parliament appeared during the agreement. In the EU, however, despite the satisfaction with the settlement reached, no further steps were taken. There is no voting yet.

The formalities have been fulfilled

On Saturday, the UK Parliament only voted on amendments to secure Brexit. Their task will be to block leaving the Community in the event that all the laws necessary for this act are not approved and refined to the end. As a result, Boris Johnson was slightly pushed to the wall and forced to send a request to extend the exit from the EU for another three months. The reluctance of the Prime Minister of Great Britain to extend the eventual Brexit was granted to all formalities connected with it. He forgot to sign this request.

The situation became a bit slippery again. He sent another (already correct) request to the EU stating that he personally does not want this deadline to be extended. Therefore, we are waiting impatiently for the result of the vote.