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The European Union’s Brexit negotiator Michel Barnier was out with some comments in the last hour, saying that negotiations are currently intense and it is still possible to reach a Brexit deal this week.

Additional quotes:

Any agreement must work for everyone.
It is high time to turn intentions on Brexit into legal text.

The comments provided a fresh boost to the British Pound and lifted the GBP/USD pair to fresh session tops, near the 1.2700 round-figure mark.