The latest UK Markit services PMI beat lowly expectations, but fears remain about the near-term economic outlook as Brexit nears.
Sterling opens the week with a small boost on news that this weeks vote has been delayed and talk that Brexit may delayed for another
The Brexit timetable was left unchanged after yesterdays votes in the House of Commons and PM May now has until February 27 to get a
Sterling continues to step higher and broke back above GBPUSD1.3200 recently. However, a recent pullback has highlighted resistance at an important technical level.
EURGBP is currently bouncing off a 20-month low but the relief rally may be short-lived as contrasting forces combine to push the pair even lower.