Currency expert FairFX has urged to British tourists to be on the lookout for deals following the pound’s “roller coaster journey” since the Brexit referendum in June 2016, with the vote likely to trigger more price fluctuations.

MPs will vote on May’s Brexit “Plan B” on Tuesday evening after her initial deal was roundly rejected by a record majority earlier this month.

The outcome could have significant consequences for the UK, providing either a route through to a negotiated Brexit outcome, or sending the UK ever closer to a no deal Brexit.

Ian Strafford-Taylor, FairFX chief executive, said: “With two months to go until the UK is due to leave the European Union, it’s not just analysts who should be keeping an eye on how the pound reacts. British tourists looking to get the best value for their holiday money – in or out of the Eurozone – should be watching closely to see where their money will go further.

"Political uncertainty plays a huge role in the stability of currency and exchange rates, and the last thirty-one months since the referendum has been a prime example of that. Today [Tuesday], the pound to Euro exchange rate is 1.158, which is on par with the peak it reached in April 2018, but it has experienced several drops in between then and now.

“It has been a roller coaster journey for the pound since the UK voted for Brexit, and the pound is still yet to return to its pre-Brexit rates against the Euro. Whatever the outcome of the vote, it is likely the pound will react, which could greatly impact people not only planning trips to Eurozone destinations, but also those looking elsewhere too.”