Intense Brexit talks continue in Brussels and an EU official has said that fishing remains the main obstacle. According to Reuters, the unidentified person has said that EU rejects UK offer of tiered access to UK waters for three years.
That implies that other issues have advancednamely, the level playing field and also governance.
He GBP/USD stays on high ground above 1.35, just below the 2020 peak of 1.3540.
Previously, the President of the European Commission, Ursula von der Leyen, has said that there is a path to an agreement, albeit a narrow one.
See: GBP / USD Forecast: Three Reasons to Expect a Sustained Christmas Rally for the British Pound
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