GBPUSD saw off the trading week on a front-foot. Brexit trade deal likely within the next 10 days as hinted by a Senior Member of the European Parliament (MEP). The EU Parliament informed the EU Chief Brexit Negotiator Michelle Barnier that the deadline for a possible trade deal between the EU and UK is December 10th. Supportively, the resignation of UK PM Johnson’s special advisor and arch-brexiteer Dominic Cummings as reported on Friday evening, had bullish implications on the pair. Although he will work for Johnson until mid December, his resignation serves as a boost for the cable!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.