• GBP/USD holds $1.30
  • Brexit is expected to drive GBP this week

The Pound pares some of Friday’s gains as demand for the USD picks up slightly on Monday.

Even so GBPUSD has pushed back over 1.30 in recent sessions, which could mean further upside in the short term, although the picture is fragile.

Brexit headlines are set to drive the price action and the volatility over the coming days ahead of the crucial EU Summit October 15-16.