May could pull the trigger in three weeks
Bloomberg earlier today reported that Theresa May plans to invoke Article 50 close to the EU Summit scheduled for March 9-10.
If that sounds like you've heard it before, it's because you probably have. But yesterday, the Brexit secretary denied it.
But Bloomberg doubled down today and said Theresa May is very eager to get on with it. The report said the House of Lords debate isn't scheduled to end until March 7. The UK budget is the 8th but Bloomberg says it won't be much longer after that.
I think there is a real chance of a "buy the news" trade in GBP after it's finally invoked.