UK Brexit minister Davis out on the wires. Again. 1 Feb
Says Davis:
" During implementation period we will be aiming to set up arrangements so any new European laws do not harm UK"
The EU have said this week that during the 21-month transition period UK will abide by EU laws but have no vote.
More from Davis:
- primary area to be negotiated is the question of our right to sign trade deals during implementation period
- talking to each EU nation to ensure position narrow on financial services rules during implementation
Seems to me they've got a lot to talk about still but hey, why let the truth get in the way of a good story.
GBPUSD currently back to 1.4247 after capping near the first tranche of decent offers at 1.4280 that I mentioned in the order board post. Still expect dip demand though as a fresh month brings fresh flows. EURGBP 0.8734 after finding support/demand around 0.8720
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Davis living in a world of hope
