GBP pairs dropping in the wake of Brexit headlines
Don't ask me why though. Cable is off under 1.2400 to 1.2379 and EURGBP has risen about 20 pips to 0.8686.
I don't know why the quid is off. No one is stupid enough to be holding out for the possibility that Brexit won't happen. That the EU are ready to talk, despite the headlines we got last week that there might be some delays, is more positive than negative, though that depends on where the market is siding with the eventual outcome of the negotiations. That will be the trade moving forward, as I explained last week.
