austria's bluemel says deal on the table is the best possible solution, not a good idea to re-start negotiations.
Todays key event is the unemployment report;
- as of now, the unemployment rate in the uk stands at 4.1 percent and median estimate suggests it is likely to remain same.
- gbpusd is currently trading around 1.26$ , next resistance lies at 1.2640$ followed by 1.2670$ while support lies at 1.2540-60$ .
Theresa may postponed the vote of parliament on brexit deals she had with brussels and donald tusk stated that this deal or no deal , looks like there will be no more negotiations and we are very close to no deal or may be canceling brexit at all which only needs decision from the uk without getting back to european union. Personally , I expect there will ve no confidence vote soon or theresa may will resign first.