Nomura FX Strategy Research discusses GBP outlook, noticing that the currency has outperformed this week, with the news that a number for the UK’s divorce bill has been agreed.
"...The market which we have argued has been too pessimistic on the Brexit negotiations for the past month or two is now seeing that real progress is being made. There are also reasons to be more optimistic on the UK banking sector outlook.
We expect a grind higher in GBP pairs, with.
The US tax reform progress makes GBP/USD a trickier pair to forecast, but," Nomura argues.