Deal not done yet, GBP / USD drops 50 pips from highs

Reports that a Brexit deal “is closed” have been premature, according to the same Sky News reporter who tweeted it. Laura Kuenssberg of the BBC reports that a deal has not yet been finalized and could happen later this day.

In parallel, the UK Health Secretary, Matt Hacock, has announced that additional areas will be included in Level 4 restrictions.

He GBP/USD It has dropped to 1.3520 after rising to the three-day high of 1.3570 after that tweet from Joe Pike. It is significantly above the daily low of 1.3347.

The pound / dollar is experiencing erratic trading after closing the gap on Sunday. He 2020 ceiling at 1.3622 could be reached if a deal is confirmed.

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