FTUKcom

GBP posts steady gains on Brexit hopes. BoE expected unchanged..

Long
FX:GBPUSD   British Pound / U.S. Dollar
Over 160 pips up on this trade.

Prior charts:



I just wanted to get another update out with todays analysis and fundamentals for everyone! 1.3650 soon come...

The Pound looks primed to take on another round number just shy of 1.3650 and is eyeing 0.9000 again in Eur/Gbp cross terms as chief EU Brexit negotiator Barnier reports more progress towards a trade accord with the UK, as talks enter the final stage, albeit with stumbling blocks still obscuring the tunnel exit. More immediately, the spotlight falls on Threadneedle Street, though the bar is set high for any further BoE policy tweaks after November’s APF action.

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