Pound Edges Up After EU Leaders Sign Off on Brexit Divorce Deal
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The pound rose after European leaders endorsed the U.K.’s Brexit divorce terms at a special summit on Sunday in Brussels.
The European Union signed off on the deal as expected, but warned British politicians they won’t get a better agreement if they reject it. That may keep a lid on sterling gains, given that U.K. Prime Minister Theresa May needs to get the deal through Parliament and is facing calls to change it from both her own party and opposition Labour.