GBP ignored the latest round of Brexit.....>

STERLING: GBP ignored the latest round of Brexit related headlines in

Asia-Pacific dealing but has softened since the London crossover. UK Brexit Sec.

Davis has played down aspirations of a near-term solution to the Irish border

issues, while reports suggested that 60 Tory MPs have warned PM May that a

customs union like agreement with the EU would lead to her downfall. The BBC has

also noted that senior Brexiteer MPs have delivered an "ultimatum" demanding

Theresa May drops one of the government's preferred post-Brexit customs options.

- GBPUSD last trades at 1.3585 with EURGBP at ~88.30.

- GBPUSD trades through the low from May 01 (1.3586), with the next support

level seen at the 200-DMA (1.3534).

- EURGBP resistance comes in at the 55-WMA (0.8830) followed by the 200-DMA

(0.8878)

- GBP traders will focus on the UK construction PMI & weekly PM questions

session today, ahead of tomorrow's Services PMI release.