The Irish Prime Minister Leo Varadkar, via the Irish Times, sees the earliest Brexit summit to be held at the end of November.
This comes after Times political correspondent published one draft Brexit divorce agreement timeline, saying that a possible summit could be held around 23-25 November. The report also said that a cabinet meeting will be held on Monday, Raab will meet Barnier on Tuesday, which will be followed by the publication of the full withdrawal agreement, May’s statement to parliament on Wednesday.
The news prompted some fresh selling around the British Pound, with the GBP/USD pair breaking below the 50/100-day SMA confluence support and dropping to the vicinity of the key 1.30 psychological mark.