Search ForexCrunch

The European Commission president, Ursula von der Leyen was out with some Brexit-related comments in the last hour and raised doubts over the prospects for a deal.

Key quotes:

  • There is some progress in Brexit negotiations.
  • There are still differences on three key issues.
  • Can’t say if there will be a deal with the UK.
  • Will do all in our power to reach a deal.
  • EU is prepared for a no-deal scenario.

The comments, however, did little to prompt any selling around the British pound as investors remain optimistic over the possibility of a last-minute agreement. The GBP/USD pair was last seen trading near the top end of its daily range, around the 1.3375-80 region.

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.