Home Breaking: GBP/USD drops over 30 pips on no-deal Brexit noise

Breaking: GBP/USD drops over 30 pips on no-deal Brexit noise

Published date: 19 Nov. 2020 | 01:22

EU leaders press for own no-deal Brexit plans, The Times has reported.

The Netherlands, France, Belgium and other frontline countries are concerned that businesses and fishing communities will be hit by economic disruption without EU contingency measures to cushion the blow of no-deal.

“We must now come up with contingency measures. January 1, 2021 is getting close; we need a safety net,” a senior EU diplomat said.

GBP/USD 15-min chart

More to come…

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