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Thomson Reuters
Jul 09 - 08:36 AM
GBP/USD - Underpinned By Hopes Of A Relatively Soft Brexit
First appeared on eFXplus on Jul 09 - 06:25 AM
  • GBP continues to benefit from hopes of a relatively soft Brexit
  • Those hopes derive from UK PM May's plan, unveiled Friday nL8N1U40XR
  • 1.3363 was three-week+ cable high during the European am nL1N1U504S
  • Ensuing retreat based circa 1.3328 (Asia high, before Davis resigned)
  • 1.3290 was pre-weekend high on news of May's Brexit plan nL8N1U216D
  • Raab appointed as UK's new Brexit minister nL8N1U525D nL8N1U40XR

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