(Bloomberg) -- Sentiment on the pound may be starting to lift ahead of the U.K. parliament's vote on the Brexit divorce bill. Risk reversals, a gauge of market positioning, show investors are the most bullish on sterling in a year. That suggests traders have fully priced in the risk of Prime Minister Theresa May losing a Parliament vote on Britain's divorce deal from the European Union, scheduled for Jan. 15.
To contact the reporter on this story: Vassilis Karamanis in Athens at vkaramanis1@bloomberg.net
To contact the editors responsible for this story: Ven Ram at vram1@bloomberg.net, Keith Jenkins
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