Search ForexCrunch

European Union (EU) Chief Brexit Negotiator Michel Barnier expressed his concerns over the Brexit negotiations, especially in light of the recent bold measures announced by the UK.

Key quotes

Still “worried” about negotiations, which are “difficult”.

The UK wants ‘the best of both worlds’.

GBP/USD attacks 1.3200

The selling pressure around the pound remains unabated amid escalating EU-UK tensions over the post-transition Brexit deal. GBP/USD is down 0.58%, looking to break below the 1.3200 level.

  • EU Diplomat: UK reported plan to override parts deal to be a desperate, ultimately self-defeating strategy
  • UK’s Eustice: There may be some legal ambiguities that need to be tidied up
Expert score

5

Etoro - Best For Beginner & Experts

  • 0% Commission and No stamp Duty
  • Regulated by US,UK & International Stock
  • Copy Successfull Traders
Your capital is at risk.