GBP/USD stabilized with the opening of weekly trading near 1.28 at a somewhat restricted start despite the success of the EU Brexit summit at the end of the week. The results of the Brexit summit show that 27 members agree on the terms of the current patching agreement between British Prime Minister Teresa May and the European Union.
Although the specific trade details and exact mechanisms that the UK hopes to extricate from the European Customs Union remain elusive, this weekend's agreement has improved sentiment in the markets. This comes as markets await Mark Carney, Governor of the Bank of England, but the moves of the pound will remain dependent on the Brexit developme
