 Sterling rises broadly today on news that opposition labor is going to back second Brexit referendum. Meanwhile, the UK government is also considering delaying Brexit. The Pound stays firm entering in to European session and eyes will be on Prime Minister Theresa May's post Cabinet meeting update. Meanwhile, Sterling will also look into BoE's Inflation Report hearings. Yen is following as the second strongest as Asian stocks pull back from yesterday's rally. Only Chinese stocks are extending slight gain. Swiss Franc is the third strongest for now. Australian Dollar is back under pressure as the weakest one. Canadian Dollar follows as oil price dived yesterday follow Trump's tweet urging OPEC to relax. Euro and Dollar are mixed. Some volatility in the greenback could be triggered by Fed Chair Jerome Powell's semi-annual testimony to Congress later in the day. Technically, GBP/USD is set to take on key resistance zone at 1.3174/3217. Decisive break will complete a head and shoulder bottom and confirm bullish reversal. EUR/GBP is also heading back to 0.8617/20 key support zone. USD/JPY and EUR/JPY are both worth mentioning. Both spiked higher late yesterday but quickly reversed. The break of 111.13 and 125.95 resistance could be bull traps. In Asian, Nikkei closed down -0.40%. Hong Kong HSI is down -0.69%. China Shanghai SSE is up 0.36%. Singapore Strait Times is down -0.30%. Japan 10-year JGB yield is up 0.0053 at -0.03%, still negative. Overnight, DOW rose 0.23%, S&P 500 rose 0.12%, NASDAQ rose 0.36%. 10year yield rose 0.018 to 2.673. | 
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