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Reuters reports that the UK’s Prime Minister Boris Johnson discussed with German Chancellor Merkel the global coronavirus response, foreign policy and Britain’s future relationship with the EU on Tuesday.

UK’s Johnson underlined to Merkel the UK’s commitment to find an early agreement out of the intensified talks process.

In a call with Merkel, Johnson noted that the UK equally would be ready to leave the transition period on Australia terms if an agreement could not be reached.

Market update

  • GBP/USD bulls looking for a buy-in at a discount below a 31.8% Fib retracement