It will be another critical week for UK politics as Brexit negotiations persist with UK markets hoping for a breakthrough. Rumours have continued to drive price action in the Pound, many of which have been conflicting and thus seen GBP trade in choppy fashion. While there has seemingly been progress made, the key issue continues to centre around the Irish border, which has yet to have a workable solution. However, there is rising hope that a deal could be announced soon as implied by option traders with 1-month risk reversals showing a decline in premium for GBP puts (downside protection). On Friday, the ONS showed ... (full story)