So, what's up with sterling? I'm sorry that should read what's down ...

Weekend reports via Mike that

  • there's mounting press coverage this week-end that it most certainly will be for a "hard" variety, and some

Mike's post is here and it contains links to more info if that's what you're after: UK's May set to lay out plans for "hard" Brexit

As I update GBP/USD is back under 1.20, trading around 1.1992

GBP on the crosses is much lower as well, of course:

  • EUR/GBP around 0.8843
  • GBP/JPY around 121.05 (eur/jpy rate sneaking in there!) ... GBP/JPY 137.04 as I correct

Cable was last under 1.2 on the day of the 'flash crash'.