GBP/USD Surges on UK Brexit Court Decision

GBP/USD is trading at 1.2409, up 0.0100. The pair is trading very choppy and has surged higher during early U.S. forex trading on a decision by UK courts to force the decision to invoke the article 50 vote by the UK government to leave the European union to a vote in the UK parliament. The Bank of England (BOE) is scheduled to announce if there is any change to monetary policy at 8:00 a.m. ET. Some talk about sellers near 1.2530 and buyers near 1.2320 is showing up.