UK make "sufficient progress" on Brexit talks by October to move to next phase

UK Brexit ministry out with a brief statement 17 Aug

The comment comes in response to a story last night that the next phase of Brexit talks between UK and EU will likely be delayed to December.

Meanwhile GBPUSD 1.2892 underpinned by falling EURGBP as we wait on UK retails at 08.30 GMT

And yes you know which pic is coming next...