Pound Erases Losses as UK EU

FxPremiere.com – FX Signals | The pound pared losses on Tuesday as the U.K. dropped parts of its controversial internal market bill, paving the way for both sides to meet in Brussels on Wednesday to clinch an agreement.

Pound Rises as Vaccine Progress

GBP/USD fell 0.09% to $1.3364, but had slumped to a session low of $1.3291 earlier in the day.

BREXIT TALKS

The U.K. government reached a post-Brexit arrangement in principle over the Irish border with the European Union after agreeing to ditch the most controversial parts of its internal markets bill.

Pound Under Pressure U.K. Services Worst Month

But the bill — a source of contention among EU leaders as it clashes with key terms of the withdrawal agreement requiring that Northern Ireland, in the post-Brexit period;

Forex – Euro Eases From Highs

Market participants appear hopeful, however, that Prime Minister Boris Johnson and European ;

The “fact that both sides are unwilling to end the negotiations and to expose themselves to the accusation of not having done everything to reach an agreement is indeed a GBP-positive signal,” Commerzbank (DE:CBKG) said in a note.

Both sides on Monday admitted that significant differences remain on three critical issues: level playing field, governance, and fisheries.

GPB/USD Firms Could Reach 1.35USD

Britain reiterated hat talks would not be dragged on into the new year.

The U.K. and EU have until the end of the year to reach a deal, or run the risk of having to impose taxes on each other’s goods.

Forex Signals Telegram Signals

Forex Signals Telegram Signals

Pound Erases Losses as UK EU | Dollar drops low

Trade better, discover more Forex Signals Strategies
Better Still Sign Up For our FX Signals Daily
Read more on Forex News Today
Download our Forex Signals APP

Join our 21,345  Subscribers Forex Signal Packages!!

Pound Erases Losses as UK EU