UK PM Truss statement said to be made in 15 minutes

UK PM Truss will make a statement in 15 minutes. The optics are not good for the beleaguered leader. The question is will it be immediate resignation or perhaps after the budget later in the month.

• The GBPUSD is trading to a new high as relief is setting in. The GBPUSD is trading back above its 100 hour MA at 1.12749 (blue line in the chart below).

• The UK FTSE 100 is up 0.13%.
• UK 10 year yield is down around 6 bais points at 3.81%