FIRST AIRED: March 29, 2017

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00:00:00
>> The divorce has been long expected, but still filing the papers to officially begin Brexit saw the pound slip against the major currencies. Sterling, trading at an eight day low down 0.5% against the dollar ahead of Theresa May's move on Wednesday to formally invoke Article 50. I'm Reuters reporter Ivor Bennett on a trading floor in London where the mood is actually surprisingly jittery.
00:00:23
We knew that Article 50 would be triggered today, and most assumed it was therefore priced in. But the news in Sterling overnight suggests there are still some unease. Officially starting Britain's exit from the EU pitches the UK into the unknown. Just what Brexit will mean for sterling from here depends a great deal on the next two years of negotiations.
00:00:43
But one analyst warned a hard Brexit hasn't been priced into the pound, and if talks do turn sour, it's value could go further south. Adding to invest uncertainty with the Scottish Parliament's move yesterday to back up bid for a second Independence referendum. But the formal triggering of Brexit was mainly shrugged off in Europe, with shares rising on Wednesday, following Wall Street's lead.