Challenges the EU

UK PM May is on the wires saying:

  • it is now time for the EU to respond to our proposal, not just fall back on previous positions
  • She looks forward to agreeing to a good deal for the UK

The GBPUSD remains below the topside trend line. Buyers have trended the pair higher today, but the topside trend line at 1.31567, and the 100 day MA at 1.31698 have attracted some profit taking selling.