Monday, January 16, 2017

GBP SUFFERS AHEAD OF MAY SPEECH

The British pound has been under pressure in Monday trading ahead of a key Brexit speech from Prime Minister Theresa May.

Pound sterling fell against the US dollar as clues emerged about what type of Brexit vision Mrs May is likely to set out on Tuesday.

((UPDATE AS REQUIRED: It's currently trading at around $1.20))

UK correspondent Olly Barratt reports.

IN: "The pound…
OUT: "SOC"
DUR: 50 seconds

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