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US Government shutdown underway but USD so far unharmed. ECB Council Meeting on Thursday is the big event of the week.

Monday 22 January
British Pound

The Pound had a very good week, even though incoming economic data was generally soft and there has been no progress at all in Brexit negotiations. It opened last Monday morning around USD1.3730 and made a whole series of fresh 2018 highs during the week.

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Today's expected ranges

GBP / USD
1.3810 – 1.3935
GBP / EUR
1.1290 – 1.1355
GBP / AUD
1.7280 – 1.7390
GBP / NZD
1.9010 – 1.9080

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