German Foreign Minister Heiko Maas came out with some Brexit-related comments in the last hour and said that a solution in the talks with the UK is difficult, but we believe it is possible. The EU will continue negotiations as long as there is a slim chance of reaching an agreement, the minister added.
On the other hand, Irish Foreign Minister Simon Coveney, was optimistic and said that we still believe a Brexit deal is possible.
On the contrary, UK Prime Minister Boris Johnson reiterated that talks remain stalled and that it is very, very likely that we will have a no-deal Brexit from where we are now.
Incoming headlines did little to give sterling a breather. However, mild oversold conditions on intraday charts helped the pair GBP/USD to recover around 40 pips from multi-week lows. The pair was last seen hovering around the 1.3175 region.
.
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.
