A way forward could involve accepting a permanent customs union (something Labour have advocated for a long time). This is not without risk for TM as it will split her party in two. The hard Brexiteers are clearly upset and may even vote against the government with no confidence if we see a May / Corbyn combo.
Any plan will need to be build on the W.A which will upset the DUP. The Brexiteers and DUP have some thinking to do, the forcing of hands to support May’s deal is underway whilst the DUP risk losing power via the May / Corbyn combo.
Whilst yesterday’s developments are perceived as positive for GBP, no deal remains in the spotlight and is under priced across most valuations. I am actively building more positions on the sell side in the UK.
Thanks all for the support in Tradingview with likes and comments for those wanting to further the discussion.