May Said to Back Brexit Delay

The video discusses the factors influencing Brexit, including the avoidance of a no-deal Brexit and the possibility of a second referendum. It highlights political movements, such as Jeremy Corbyn's U-turn, and their impact on market sentiment, particularly the Sterling currency. The video also analyzes resistance levels in the currency market and the potential effects of extending Brexit deadlines on market stability and the Bank of England's rate decisions.

What are the market's concerns regarding the timeline of Brexit negotiations?

What is the significance of the Bank of England's interpretation of any moves related to Brexit?