The pound was scared by the news.

Despite the fact that UK GDP has shown good growth over the past six months, the British pound is still sensitive to reports about Brexit.
Monday, January 16, was no exception, after it became known over the weekend that Prime Minister Theresa May would give a speech on Tuesday, January 17.

The market's reaction to the news was a record gap of several thousand points; the British pound reached a three-month level of $1.1986.

True, by the evening the rate had risen by a couple of hundred points, but only tomorrow will show whether this is another correction or a change of mood.

The results of the UK's decisive actions to leave the European Union are rather ambiguous; forecasts for the economic situation are diametrically opposed. On the one hand, the country does not need to feed hundreds of thousands of migrants, on the other hand, it is not entirely clear how relations with European countries will develop.

The current exchange rate of the pound can be seen on the charts of currency pairs - http://time-forex.com/grafiki