Before Brexit takes centre stage again tonight we have to make a quick stop for US inflation data. Here market expectations are for 2.1% unchanged, this time I agree with the consensus.
Then at circa 4:00pm GMT PM May awaits a decision from EU leaders.
A long extension is my base case (75%) but it is important to not rule out neither a short extension or a no deal. Remember a long extension is only slightly positive for Pound as we are only delaying the inevitable economic pain in the very short-term.
An important note here for those reading "Are you ready to swim with the current?" on perception being more important than reality as it may be enough for Pound crosses to start trading back into our infamous loading zones, giving us another opportunity to load for the ‘real’ move later in the year.
Best of luck all those trading Cable for the Summit.