Barnier notes that he cannot say that a deal is possible at this stage

Michel barnier, the main Brexit negotiator for the European Union, has reported that can’t say if a deal is possible at this stage. The French statesman will travel to London to continue the talks.

The GBP/USD it has been ignoring the news, trading around 1.3370 within the range. The pound hit a two-month high of 1.3397 earlier in the week. The daily low is 1.3348 and serves as a support line.

The EU and the UK are at odds on fisheries and governance and are trying to reach an agreement before the transition period expires at the end of the year.

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