GBP prospects are a little clearer? -Scotiabank

Analysts at Scotiabank explained that a year on from the Brexit referendum, GBP prospects are a little clearer.

Key Quotes:

"On the one hand, the government is still trying to shore up parliamentary support after the disastrous election just as Brexit talks are starting."

"On the other, today’s CBI survey data suggests that factory order books are at a 30-year high, reflecting strength across most sectors and for exports."

"A weak GBP is helping here—something BoE policy makers will have to balance as some fret about rising inflation."