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.