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GBP

GBP comes under pressure

GREECE T-BILL AUCTION RESULTS

52-week GTB

CHINA

CNY: A Risk-On Currency?

OIL

WTI gains $1

EURO-STERLING
EURO-STERLING: Cross dropped back from its initial Meaningful Vote react high of
Gbp0.8985 to Gbp0.8855 before it closed the day around Gbp0.8875. Recovery
continued in early Asia to Gbp0.8889 but struggled to hold gains, eased through
the balance of the session with early Europe pressing it on to Gbp0.8862. Rate
currently trades around the base of its 1.0% 10-dma envelope, the rate not
usually liking to hold outside for too long. Base today comes in at Gbp0.8868.
Considering the size of PM May's defeat last night sterling has remained fairly
buoyant with market gauging how far away the UK is from a Hard Brexit outcome to
determine sterling strength. Support seen into Gbp0.8855/50, resistance
Gbp0.8900.