Pound rebounds as investors no-deal Brexit concerns ease
The pound has rallied towards a six-week high against the dollar, with the British currency rebounding since the lows it hit in August, gaining more than 3.5% as investors concerns of a no-deal Brexit recede.
US-China face-to-face talk resumes
With the focus on monetary policy hardly having passed, US-China trade updates were seen swaying markets in the overnight session.
EUR/GBP: downtrend pauses but remains intact
EUR/GBP is likely to resume its move lower in the medium term as a no-deal Brexit looks increasingly unlikely. The pair is an accurate reflection of Brexit market sentiment.