EU pessimistic, see talks with UK government at impasse

Negative comments from the EU

An EU official is on the wires saying:

  • EU pessimistic, cease talks with UK government at impasse
  • EU will now focus on no deal Brexit preparations
  • EU is unwavering in support for Ireland on Brexit

The GBPUSD trades just below the 1.2200 level, after reaching a high of 1.2219 and more recently 1.2213.

The EURUSD is meanwhile trading back below the 1.1026 level at 1.1024. The high price reached 1.10324 - short of key technical resistance at 1.1041 – 48.

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