British Prime Minister Boris Johnson’s spokesman crossed the wires in the last minutes saying that Brexit talks were still ongoing and there was still work to do, per Reuters. “Cabinet has been fully engaged in the process and will be meeting again Wednesday afternoon,” the spokesman added. “If we are going to reach a deal, we want to do so as soon as possible.” The GBP/USD pair retreated slightly from the multi-month highs that it touched at 1.2799 in the last minutes and was last seen trading at 1.2770, adding 1.3% on the day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD technical analysis: Cable spikes to 1.2800 on reports of a draft Brexit deal. FX Street 4 years British Prime Minister Boris Johnson's spokesman crossed the wires in the last minutes saying that Brexit talks were still ongoing and there was still work to do, per Reuters. "Cabinet has been fully engaged in the process and will be meeting again Wednesday afternoon," the spokesman added. "If we are going to reach a deal, we want to do so as soon as possible." The GBP/USD pair retreated slightly from the multi-month highs that it touched at 1.2799 in the last minutes and was last seen trading at 1.2770, adding 1.3% on the day. Regulated 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.