GBPUSD saw off the trading week on a front-foot. Brexit trade deal likely within the next 10 days as hinted by a Senior Member of the European Parliament (MEP). The EU Parliament informed the EU Chief Brexit Negotiator Michelle Barnier that the deadline for a possible trade deal between the EU and UK is December 10th.
Supportively, the resignation of UK PM Johnson’s special advisor and arch-brexiteer Dominic Cummings as reported on Friday evening, had bullish implications on the pair. Although he will work for Johnson until mid December, his resignation serves as a boost for the cable!
Supportively, the resignation of UK PM Johnson’s special advisor and arch-brexiteer Dominic Cummings as reported on Friday evening, had bullish implications on the pair. Although he will work for Johnson until mid December, his resignation serves as a boost for the cable!