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“The government will not need to ask for an extension of the Brexit transition period due to coronavirus,” British Prime Minister Boris Johnson’s spokesman told reporters on Thursday.

“If a decision is made to move from containment to delay phase on coronavirus, we will announce that publicly,” the spokesman noted.

GBP reaction

The GBP/USD pair largely ignored these comments and was last seen trading at 1.2902, adding 0.25% on a daily basis. In the meantime, the EUR/GBP pair was clinging to modest daily gains above 0.8650.