Citing a senior EU diplomat, The Guardian reported that the Brexit white paper was not going to form the basis of negotiations with the EU and added that British government sources also admitted growing despair over “the intransigence of their EU counterparts.” “Led by Michel Barnier’s deputy, Sabine Weyand, the EU’s team of officials picked apart the most contentious parts of the paper as it was presented by Olly Robbins, Theresa May’s chief Brexit adviser, leading to increased concerns on both sides that a no-deal scenario is moving from possible to likely,” The Guardian wrote. As of writing, the GBP/USD was trading at 1.3055, down 0.43% on the day. 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 Fed’s Powell: Cryptocurrencies are not big enough to create financial stability risks FX Street 5 years Citing a senior EU diplomat, The Guardian reported that the Brexit white paper was not going to form the basis of negotiations with the EU and added that British government sources also admitted growing despair over "the intransigence of their EU counterparts." "Led by Michel Barnier's deputy, Sabine Weyand, the EU's team of officials picked apart the most contentious parts of the paper as it was presented by Olly Robbins, Theresa May's chief Brexit adviser, leading to increased concerns on both sides that a no-deal scenario is moving from possible to likely," The Guardian wrote. As of writing, the GBP/USD… 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.