The pound fell against the dollar, after on Wednesday the British Prime Minister Teresa Mei formally launched the procedure for Britain's divorse with the European Union and began a two-year period of negotiations on the terms of Brexit, which will end in late March 2019. The pair GBP/USD fell by 0.12% to 1.2418. At the same time, the pound went up against the euro: the pair EUR/GBP fell by 0.14% to 0.8644.
On Wednesday the British Prime Minister Teresa May signed a letter that will officially launch Brexit. A letter with an official notification of Britain's invoke the 50th article of the Lisbon Treaty with the aim of exit from the European Union was delivered to the chairman of the European Council Donald Tusk.
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