Parliament must vote on whether the UK can start the process of leaving the EU, the High Court has ruled. This means the government cannot trigger Article 50 of the Lisbon Treaty - beginning formal exit-negotiations with the EU - on its own. Theresa May says the referendum - and existing ministerial powers - mean MPs do not need to vote, but campaigners called this unconstitutional.
The government is appealing, with a further hearing expected next month. A statement is to be made to MPs on Monday but the prime minister's official spokesman said the government had "no intention of letting" the judgement "derail Article 50 or the timetable we have set out. We are determined to continue with our plan".
Sterling is currently being traded around 1.24 handle. Pair is likely to find support around 1.2350 area and resistance above 1.2450 level.
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