UK spokesman out with some comments 21 Feb

  • UK wants to discuss the end-date of Brexit transition period

Broadly in agreement? I think not but hey we can hope at least. The quotes come after Bloomberg having sight of a leaked UK govt doc.

Meanwhile GBPUSD continues its climb from post-data lows of 1.3927 and now 1.3958 with EURGBP down to 0.8830 and GBPJPY holding 149.75 to now post 150.05

I warned in my data post that we should expect GBP to range still. Easy pips still really if you ignore the hype and noise.

Next UK event risk around 14.15 GMT when Carney & Co appear before TSC.

Brexit talks - All smiles for the camera but what about behind the scenes?