PM Theresa May Speech Live

UK Prime Minister Theresa May will give her first major speech on economy at the launch of the Taylor report, after losing the majority in the latest elections.

Key Notes

GBP/USD fades an uptick to 1.2930, UK PM May, BOE speakers eyed

The GBP/USD pair ran into fresh sellers, after it failed once again failed to take out another option-related tranche at 1.2930, knocking-off the rate back to test 1.29 handle. Read more

GBP/USD faces strong resistance at 1.3000/60 – Commerzbank

Cable’s occasional bullish attempts should find a tough resistance in the 1.3000/60 band for the time being, suggested Karen Jones, Head of FICC Technical Analysis at Commerzbank. Read more

GBP facing renewed uncertainty - AmpGFX

The GBP appears vulnerable to ongoing heightened political uncertainty as disparate forces in parliament fail to present a unified Brexit position, according to Greg Gibbs, Analyst at Amplifying Global FX Capital. Read more