Pound moving higher on this
Cable makes its way back up to 1.3060 levels currently from 1.3030. We're trading hand signals now, folks. Yup, not kidding.
The hand signal from Raab was tweeted out by BBC's political editor:
"'Thumbs up' - says Raab on his way out of cabinet"
That was basically it. For some context, Raab - together with May - has been working towards trying to solve the mechanism for the Irish backstop to work for all parties. So, is he hinting that a deal may be in the works?
Or are we at that level where we're trading just about anything now? Any guesses on how much the pound will jump if Theresa May starts dancing to Queen's "We Are The Champions"?