Ian Cheshire

The pound slipped against the dollar as a currency, the markets will have to delay their first chance to react to MPs to secure a move to, the approval of the Brexit offer.

Many of the banks had called in London, in additional staff, in the expectation of volatile trade after The First Saturday of the seats in The House of Commons for 37 years.

However, the pound's reaction was subdued, slip-0. 6% against the US dollar, up to $1. 29, and below 0. 4% against The Euro .

On Friday, the pound trading to the highest level in five months.

Jeffrey Halley, senior market analyst at Oanda, said of the decline in the currency was limited, because "in spite of the more twists and turns than any other soap opera in history, a tough British EU exit is now very unlikely."

Jane Foley, senior currency strategist at Rabobank, told the BBC's Today programme: "[investors] are a bit anxious, of course, were as you, at the end of the last week. It was a great trust, to go in on Saturday and agree that it would be a little more constructive.

"Instead, of course, we have this delay, so the lower pound reflects This Morning , The Delay . But sterling has not sold very much. If we go back 10 to 12 days, we were trading at $1. 22, we are so much higher and the course is related to optimism, to push that Boris Johnson 's administration the numbers of this deal. This could be done in a very short period of Time .

"But of course, if we in The Medium term, there are still a lot of room for volatility, it is still enough risk. "

Deutsche Bank , like many other banks, the establishment of additional staff to expect to come to the vote, a strong response to Saturday's on Sunday.

But pay it after the weekend ' s scaled-back events - the Prime Minister Boris Johnson looked to send a Signed request to the EU for a further delay, accompanied by another Letter , Signed This Time not to clarify, that was his personal position.

events serious enough to require additional staffing outside of normal business hours are relatively rare in the foreign exchange trading, usually associated with a large, rare event such as an election with an uncertain outcome, for example.

But said Russell Lascala, global head of FX at Deutsche Bank , that, as the Brexit referendum, there were five or six such events.

"The uncertainty has been years already. The market is begging for clarity, to be able to invest or not to invest. "

Sir Ian Cheshire , Chairman of Barclays UK operations, told the BBC that The Deal was "acceptable".

"No deal is perfect, but the offer is actually feasible, and it is, I think, very frustrating to see what a long process, if most business owners would like some certainty, and to pick you up," he said.

"The chances of a further round of negotiations are extremely unlikely to yield anything significantly different, and now The Delay is starting to impact on consumer confidence, in particular, the investment trust, and I think we need to continue and make The Best of what we have come to The Track . "

currency analysts say they expect that to be the next strong move in the pound, if the Brexit-the offer is voted on in Parliament.

But, after Saturday's vote, many believe that a no-outlet deal-British EU is now less likely. US investment bank Goldman Sachs , the problems, the regular updates to the clients now thinks there is a 5% chance of a no-deal Leak out, down from 10% previously.

Source of news: bbc.com