Germany says it's too early to discuss any Brexit transition ideas

Author: Mike Paterson | Category: News

German govt spokesman Siebert on the wires 13 Oct

  • no change in EU's sequencing of Brexit talks
  • clock is ticking for Brexit progress
Seemingly pouring cold water on the draft document being touted round the EU currently hence the further retreat on GBP pairs with GBPUSD 1.3269 after a slap to test 1.3250 EURGBP up to 0.8912 and GBPJPY down to 148.75.

Selling those GBP rallies earlier proving successful so far so I hope some of you took advantage. Don't get greedy though cos this is no one-way ticket at the moment. GBP dip demand lurking still.