Commenting on British Prime Minister (PM) Boris Johnson’s cabinet meeting, the PM’s spokesman told reporters that Johnson told cabinet he still believes there is a Brexit deal to be done, per Reuters.
“The PM told the cabinet he was confident in the government’s arguments for the supreme court case,” the spokesman added.
Meanwhile, the GBP/USD pair continues to trade a tad above the 1.24 mark and posts modest losses on the day. Additionally, the EUR/GBP pair is adding 0.4% at 0.8883 to reflect the modest selling pressure surrounding the British pound.
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