EURGBP Buy @ 0.90695
GBPUSD Sell @ 1.33505
Brexit negativity again.
The market reaction was very mute to this comment. Maybe the hopes are still in the meeting between PM Johnson and UVDL (probably taking place tomorrow). So the risks to this trade is more Brexit positivity, like news of a "last minute agreement" and a complete turnaround of the UK to agree to a lot of compromises.
GBPUSD Sell @ 1.33505
Brexit negativity again.
QuoteDisliked17:32 Dec 08 (GMT+1)
EU Barnier told 27 EU affairs ministers on Tuesday no-deal was now more likely than sealing a new trade pact with the UK before year end, according to sources.
Analysis 17:35 (GMT+1)
- In fitting with earlier EU sources that EU's Chief Brexit Negotiator Barnier told a meeting of ministers this morning that the chances of a deal were now "very slim", according to Sky's Parsons
- Note, since this morning , the UK and EU agreed in principle on issues in the Withdrawal Agreement, and now the UK will remove its controversial clauses...
The market reaction was very mute to this comment. Maybe the hopes are still in the meeting between PM Johnson and UVDL (probably taking place tomorrow). So the risks to this trade is more Brexit positivity, like news of a "last minute agreement" and a complete turnaround of the UK to agree to a lot of compromises.
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