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STERLING: GBP/USD rate edges lower after touching highs of $1.2831 as market
continues to absorb Brexit headlines. The letter dates back to Oct24 and was
covered by Reuters over an hour ago (albeit without the Nov 21 date
highlighted). The letter suggests that 'Four steps remain: a temporary joint
UK-EU customs territory; an option to extend the implementation period; that any
extension was not indefinite; and continued access for Northern Irish businesses
to the rest of the United Kingdom.'
Raab letter is available here: