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The UK Health Minister Matt Hancock said on Monday, there is no need to put the post-Brexit trade talks on hold.

Nothing further is reported about the same.

Recall the second round of negotiations will take place next week while the third round is scheduled for the week of June 1.

GBP/USD consolidates gains above 1.2450

Having stalled its advances near 1.2470, the cable has entered a phase of consolidation near 1.2455-60 levels. The focus shifts to the UK Final Services PMI release for some fresh trading incentives.