Home Breaking: GBP/USD jumps above 1.2600 as Ireland’s Coveney opens door to new Irish backstop declaration

Breaking: GBP/USD jumps above 1.2600 as Ireland’s Coveney opens door to new Irish backstop declaration

Published date: 11 Dec. 2018 | 09:42

Updated: 11 Dec. 2018 | 10:00

Irish Deputy Prime Minister Simon Coveney says that there is a potential for a new statement on the declaration from the European Union on the Irish backstop to help reassure the UK.

GBP/USD jumps above 1.12600 and heads higher. Resistance is seen at 1.2660 and 1.2770.

On Monday, Ireland rejected any changes to the agreement.

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