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In a telephone conversation on Monday, British Prime Minister Boris Johnson and European Commission President Ursula von der Leyen discussed Brexit and COVID-19, Reuters reported on Tuesday, citing EU officials familiar with the matter.

Earlier in the day, Politico reported that sides tried to solve the issue surrounding fisheries but a UK government official noted that the EU’s position was still miles off what was acceptable for them.

European Union’s chief  Brexit negotiator, Michel Barnier, will update the bloc’s 27 national envoys on Brexit at 1500 GMT on Tuesday.

Market reaction

The GBP/USD pair edged lower with the initial market reaction but didn’t come under persistent selling pressure. At the moment, the pair is down 0.18% on the day at 1.3437.