Excerpt from today’s Daily commentary:

Brexit talks drag on as Prime Minister Theresa May tries to persuade European Commission chief Jean-Claude Juncker to modify her withdrawal deal to push through British parliament… Tier 1 data saw more concerns for the Eurozone as the latest Manufacturing PMI missed expectations at 49.2, more importantly dropping below the key 50 level of expansion… Price action saw Sterling lifted as hopes the PM can secure key Brexit changes to her deal… GBPEUR and GBPUSD both manged to hold around key psychological levels of 1.15 and 1.30 respectively.

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