It's all conjecture
The pound fell a half-cent on a report that 'Brexit negotiations are heading for a catastrophic breakdown' but a closer read of the story shows a handful of caveats there.
In addition, it's normal for politicians to exaggerate, especially in negotiations. After a second thought, this might be bluster.
That's the nature of trading the pound at the moment. It's all about the sentiment around Brexit but finding out of negotiations are about to breakdown or breakthrough is tricky at best. The rhetoric is full of lies and the headlines are designed to deceive.
