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Approval of Article 50 triggered Brexit Process

February, 10 2017
watermark Economic news

The Members of the British parliament approved the Article 50 which gives power to the government to start the Brexit process which will serve as a formal notice that the country will soon cut its association with the European Union after 44 years. The Supreme Court led by Prime Minister Theresa May ruled the bill and got 494 votes against 122 acknowledged in the Commons. The bill further undergoes the legislation of the House of Lords.  Moreover, the proposed law is scheduled to be amended by March.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.