UK junior Brexit min Walker speaking in London 12 March
Headline helping the pound to a few gains as NA desks get underway.
GBPUSD 1.3880 EURGBP down to 0.8857 GBPJPY up to 148.02
I warned earlier at 1.3841 of nearby GBPUSD demand at 1.3830 then 1.3800. Now we should expect offers/res into 1.3900 then 1.3920-50 so we're ranging still. EURGBP has support/demand at 0.8850 and 0.8830. Order boards here and here
End-March is the hoped-for deadline for the terms of the transition period to be agreed. Still a work in progress so take any headlines, good or bad, at face value.
