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GBP/USD Edges to New Intraday High as EU/UK Seal FinReg Deal

GBP
  • GBP/USD uptrend extends to hit new intraday highs of 1.3812 as Bloomberg reports that the UK and EU have reached an agreement on post-Brexit financial regulation. The piece writes that the move could help financial firms in the UK win back access to the Single Market that had been lost when the UK left the EU at the beginning of this year.
  • New high at 1.3812 narrows the gap with the next upside level at Wednesday's 1.3877. A break above here opens weekly highs of 1.4001.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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