Pound LIVE: GBP Sterling rises as Brexit deal IMMINENT and Italy sends another EU rebuke
THE pound climbed against the euro and US dollar this morning as markets reacted positively off the back of Brexit optimism. The exchange rate boost comes after EU sources claimed a divorce deal is 'very close', according to reports.
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Can be that the pound is going up but only temporary, and something has triggered this situation. Theresa May´s proposal to stay in the Single Market was not accepted by the EU, if that would be the case, it might even bring the GBP down when the Brexit is nearing its effectivity in 2019. There are rumors being spread around and they even forecasted that the GB´s GDP growth would become higher? Remains to be seen.
Do they mean Brexit has positive outcome for UK? Too early to tell.