UK trade minister Liam Fox speaking to Bloomberg TV 13 July
- UK doesn't want to create instability with Brexit
Really? Get on with it then.
- wants to ensure as much continuity as possible
- fine to wait a few months for full Brexit implementation
Really? As Barnier said yesterday, the clock is ticking.
- will look at bridging mechanism if needed
Softer Brexit tones and EUR supply send GBPUSD up to test 1.2950.
I was warning on many occasions yesterday that EURGBP selling will help underpin cable and we're seeing it again as EURGBP falls to 0.8842
Next real line of support/demand 0.8820-30
GBPJPY also playing out here at 146.37 with USDJPY also up to 113.16
EURGBP
