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 exchange rate is still sensitive to news 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 reaction to the news was a record gap of several thousand points, with the British pound reaching a three-month high 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 in sentiment.

The results of Britain's decisive actions to leave the European Union are quite mixed, and forecasts for the economic situation are diametrically opposed. On the one hand, the country has no need to feed hundreds of thousands of migrants, but 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 currency pair charts - http://time-forex.com/grafiki