Citing sources familiar with talks, “the fate of Brexit negotiations depend on London moving with technical negotiations having now reached an impasse,” Bloomberg on Wednesday reported and claimed that the negotiations could collapse amid Democratic Unionist Party (DUP) pushback to the proposed deal. With the initial reaction, the GBP/USD pair fell sharply below the 1.27 mark. As of writing, the pair was trading at 1.2708, losing 0.6% on the day. On the other hand, the EUR/GBP pair is up 0.65% at 0.8680. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK’s Barclay: Submitted draft texts for political declaration with EU FX Street 4 years Citing sources familiar with talks, "the fate of Brexit negotiations depend on London moving with technical negotiations having now reached an impasse," Bloomberg on Wednesday reported and claimed that the negotiations could collapse amid Democratic Unionist Party (DUP) pushback to the proposed deal. With the initial reaction, the GBP/USD pair fell sharply below the 1.27 mark. As of writing, the pair was trading at 1.2708, losing 0.6% on the day. On the other hand, the EUR/GBP pair is up 0.65% at 0.8680. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.