OVERVIEW
Sterling pulled back from recent highs as investors banked profits. Uncertainty still remains and will continue until it is clear how the UK will leave the EU, and on what terms. The focus is now on the next vote in parliament on any Plan B agreement terms which will take place on 12 March in the UK.
HIGHLIGHT
The pound reached a 21-month high against the euro and a 5 month high against the USD before dropping back today, amid profit taking and continuing uncertainty around Brexit.