Rational Thinking - May's Deal Receives Support

This week:

GBP/USD rallied to test 1.33 resistance levels
Pound surged to 22-month high
Optimism builds over no-deal Brexit and deadline extension
Yvette Cooper amendment backed by Parliament by a margin of 502 to 20
MPs vote on the Brexit deal by 12 March
MPs to vote on no-deal and possible Brexit extension


U.S. economy maintained “solid” growth
Strong GDP data
Powell said the Fed will remain “patient” in deciding on further interest rate hikes

Key Announcements:

EUR: Thursday Interest rate and ECB press conference
USD: Non-farm Payrolls, average hourly earnings