GBP/USD rate edges lower after touching....>

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:

https://www.parliament.uk/documents/commons-committees/Exiting-the-European-Unio

n/17-19/Correspondence/2018-10-30-Chair-to-Secretary-of-State-17-19.pdf