The party may have been too early, and not for the first time. The reported deal on a divorce bill of 45-55 billion euros ran into denials. And also the reports about an upcoming agreement on the Irish border run into obstacles. Theresa May’s government relies on support from the Unionist Northern Irish DUP party. Their 10 MPs may withdraw support from the government if the “government stops defending the union”. Reports on the talks between the British and Irish governments discuss some kind of “creative ambiguity” on the issue. In the background, we have the EU’s December 4th deadline to reach “sufficient progress” so that the EU Summit later in December can approve unlocking the next phase of the talks. However, EU deadlines can be a fudge, and talks can always be extended. It is hard to see how any agreement can be made on the border before an agreement on the future relations is made. If the UK continues remaining within the customs union, there is no need to erect a physical border that nobody wants. But if there are customs checks, there is a border. All in all, the sequencing that the EU forced on Britain: divorce first, future relations later, complicates matters quite a bit. GBP/USD dropped back below 1.35 and trades around 1.3485. However, this is related to the fall of the US dollar across the board rather than a pound-specific reaction. More: GBP/USD could reach 1.36-1.37 by year end – two opinions Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next EUR/USD: ECB To Sound More Hawkish In Early 2018; Flows To Push For Further EUR Gains – CIBC Yohay Elam 4 years The party may have been too early, and not for the first time. The reported deal on a divorce bill of 45-55 billion euros ran into denials. And also the reports about an upcoming agreement on the Irish border run into obstacles. Theresa May's government relies on support from the Unionist Northern Irish DUP party. Their 10 MPs may withdraw support from the government if the "government stops defending the union". Reports on the talks between the British and Irish governments discuss some kind of "creative ambiguity" on the issue. In the background, we have the EU's December 4th deadline… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.