UK's Hammond: It's in the best interest of all EU members that UK gets a deal done

Speaking on Brexit

Chancellor of Exchequer Phillip Hammond adds:

• Our very strong preference is to do a deal
• We have to be ready for tarriffs on trade. We don't think it will happen but have to be ready for March 2019
• Economic relation with EU is my No. 1 priority as Chancellor in Brexit talks
• Personally does not think probability of no deal scenario for Brexit has increased
• Its so blindly obvious that it's in the best interest of all EU members for UK deal

The GBPUSD fell earlier on more negative comments about Brexit. These are more glass half full.

The pair had rebounded off support near the 100 hour MA at 1.3243 currently (low reached 1.3245). We currently trade at 1.3277. The comments have had limited impact.