UK defence secretary Fallon playing Brexit spokesman today 6 Sept

  • doors not being closed but public do expect to see numbers come down
  • will set out firm proposals for future immigration rules later in the year
  • UK companies have to train up British workers and to give them more opportunities
  • govt not taken a decision on public sector pay cap, will set out proposals later in the year

Meanwhile GBPUSD testing 1.3020. Larger demand into 1.3000 if that gives way. EURGBP up to 0.9154

I posted some GBP thoughts here earlier.

As for those Brexit-related comments from Fallon? Well,