The chief Brexit negotiator for the European Union (EU), Michel barnier, said two conditions remain unresolved in Brexit trade negotiations, after the talks extend beyond the deadline set on Sunday.
Sounding a bit more optimistic, Barnier said that negotiators will give every opportunity to reach an agreement while remembering that the friction points continue.
Their comments acknowledge that progress is apparently being made on one of three key differences, including fisheries, governance and a level playing field.
GBP / USD reaction
The pair GBP / USD got a boost additional from the previous comments, approaching the 1.3400 level, gaining 1.25% daily.
The pound witnessed a 150-pip bullish opening gap on Monday, thanks to the deadline for trade talks between the UK and the EU extended on Sunday.
GBP / USD 15 minute chart
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