The EU’s chief Brexit negotiator, Michel Barnier, has told EU envoys that talks are deadlocked around the top three issues: fisheries, governance and a level playing field. Barnier added that the deal is at stake and that there may still be a no-deal Brexit.
The GBP / USD is trading around the 1.3370 level after having fallen from a high of 1.3440 to 1.3350 before stabilizing below 1.34.
Previously, GBP / USD had advanced in response to UK approval of Pfizer / BioNTech vaccine for COVID-19, the West’s first immunization approval. The vaccines can be given starting next week.
The GBP / USD pair has now retraced Tuesday’s breakout and is back to the previous range.
.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
