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Dec 17 - 08:55 AM

GBP/USD - Vaults 1.36 After Barnier's "good Progress" Tweet

By Rob Howard  —  Dec 17 - 06:40 AM
  • Cable rises to 1.3618 as GBP benefits from growing EU-UK trade deal hope

  • Barnier says Brexit talks progress but UK less optimistic nL8N2IX1WM

  • 1.3618 is the highest level since May 2018 (1.3773 was high that month)

  • UK's Patel said EU and UK in "tunnel" stage of negotiations nL1N2IX0Q6

  • 1.3600 (former option barrier level) and 1.3555 are now support points

  • GBP/EUR up to test 1.1130 (last week's high). BoE MPA 1200GMT nL8N2IW3JL

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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