UK: Labour about to announce major shift towards soft Brexit - The Times

Eren Sengezer FXStreet

Henry Zeffman, the political correspondent at The Times' UK division, has recently shared a picture of a letter via Twitter and wrote: "Labour about to announce major shift towards soft Brexit. Corbyn will table "internal market" amendment to the withdrawal bill, customs bill and trade bill."

There was no apparent reaction from the GBP/USD pair to this development as investors remain focused on the recent USD weakness. At the moment, the GBP/USD pair was trading at 1.3390, gaining 0.55% on the day.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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