Citing a leaked government document, Business Insider today reported that the European Union was preparing to grant the United Kingdom a third delay to Brexit.
“The resolution, which is due to be approved by the European Parliament next week, says an extension should be offered in order to avoid a no-deal Brexit,” Business Insider wrote. “One member of the Parliament’s Brexit Steering group says she believes an extension will be offered, following a meeting with chief EU Brexit negotiator Michel Barnier.”
The GBP/USD pair largely ignored this article and was last up 0.1% on the day at 1.2338.