Traders are citing the sale of a stake by Infrastructure PLC in UK firm Eversholt Rail to CK Investments SA for an enterprise value reported to be GBP2.5bln as lending further support to the pound in this morning’s session

Deal expected to close in March. Cash element still not clear but proceeds of purchase in the region of GBP 360m

GBPUSD currently 1.5146 after failing to advance further beyond 1.5166 highs but still supported in dips