More from that Article 50 letter: May says task ahead is momentous

Full contents being released now 29 March

• we should begin technical talks on detailed policy areas as soon as possible


• will be a challenge to reach such a comprehensive agreement within the 2 year period


• must work hard to avoid outcome of no deal


• need to prioritise biggest challenges in negotiations


• hope to deal with issue of EU nationals in UK asap


• UK companies will have to align with rules agreed by institutions of which we are no longer a part


• if UK leaves EU without agreement the default position is that we would have to trade on WTO terms

Much more conciliatory tones from May. Different from the speech she delivered to her EU colleagues last time out. That"s helping GBP sentiment but it proves nothing in the real picture of the uncertainties ahead.

Polite opening salvos are one thing. The nitty gritty is something else.

GBPUSD testing 1.2450 again as EURUSD continues to fall taking EURGBP down with it to 0.8624

More from that Article 50 letter: May says task ahead is momentous
More from that Article 50 letter: May says task ahead is momentous
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