Large divergences remain on some central issues

The UK’s main Brexit negotiator, David Frost, He reiterated on Wednesday that there are still great divergences on some central issues with the European Union in the Brexit negotiations.

“We have just finished two weeks of intense talks with the EU,” Frost tweeted. “Progress has been made, but I agree with Michel Barnier that large divergences persist on some key issues. We continue to work to find solutions that fully respect UK sovereignty.”

Market reaction

The GBP / USD pair did not show an immediate reaction to these comments and was last seen shedding 0.43% on the day at 1.3003.

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Credits: Forex Street

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