Labour talks to continue
UK PM May's spokesperson is on the wires saying:
- talks with Labour will continue as long as both sides are engaging and there remains prospect of a deal
- The PM will meet with EU's Tusk on Wednesday before start of EU summit
For the GBPUSD, the pair remains below the intraday 100 and 200 bar MAs (both are moving lower now). Those MAs (blue and green lines at 1.3071 area) are now resistance and help to define the bias. Stay below is more bearish.
