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Early in the morning, the pound skyrocketed to 1.1631 euros, shortly after London and Brussels announced their agreement on a new UK exit treaty from the EU.
However, shortly after, he lost everything he had won and continued to descend, when The Norwegian Democratic Unionist Party (DUP) announced that it was opposed to the agreement.
British Prime Minister, the Conservative Boris Johnson, has no majority in the House of Commons, so it has not yet convinced the various groups and factions to ratify the agreement.
The British Chambers of Commerce warned in a statement that there was still "a long way to go", before companies can have the final confidence that the UK will leave the EU in an orderly manner.
"Do not forget we have been here before"said a spokesman for the body, citing the three occasions in which MPs overturned the agreement reached by former Prime Minister Theresa May.
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