The British pound has become more appealing to some investors as they bet that the probability of extending the Brexit negotiating period, or a second referendum on the U.K.’s divorce from the European Union, is becoming more likely. Some are also betting on a lower chance of a so-called hard Brexit, in which the U.K. leaves the EU without an agreement in place, hurting the pound. Sterling...

Source: Wall Street Journal January 22, 2019 15:03 UTC