The Prime Minister Theresa May, will speak Tuesday and investors will be listening what she will say. The expectations are negative for some good trade deal with EU. One of the priorities of the country is the control of Immigration and that will cause even more negative feelings between UK and the EU. The expected court ruling is also weighing on the country, on if the trigger of the Article 50 will need a Parliamentary approval or not.
There are many uncertainties in the country and the questions are only getting more, with no clear answers and the markets react negatively at situations like that.
The Pound again fell on the opening of the markets, with GBP/USD fell about 1% at the opening.
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