The United Kingdom cleared the last hurdle on the way out of the European Union. Queen Elizabeth II, though being eligible to call off the referendum results, has given her approval for the Brexit after all. Thus, the Queen has officially launched the procedure of leaving the European Union by signing the bill that provides the Parliament with the guidelines for invoking Article 50. So, there is nothing to stop the United Kingdom. The law paves the way for Prime Minister Theresa May to start negotiations with Brussels. In fact, she was going to inform the EU officials about readiness to initiate talks by the end of March. The process is planned to be completed by 2019.
The controversial bill on the UK’s exit from the European Union was brought before the court. It was decided to hold a vote in the Parliament against the wish of the government. Despite bureaucratic obstacles, the bill was approved, so Minister Theresa is free to lead the country towards better tomorrow.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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