The UK Home Secretary, Priti Patel, a staunch Brexit supporter, has said the talks are in a tunnel and that the parliament could meet again if the talks conclude with an agreement. The minister added that the government is ready for a no-deal Brexit. The EU term “tunnel” means intense negotiations.
He GBP / USD has moved just above 1.3580, spreading your earnings and reaching the highest level since 2018.
The latest news suggests that EU and UK negotiators focus on fishing as the latest controversial topic. The Brexit transition period expires at the end of the year. He Bank of england announces its final decision of 2020 later in the day.
See: BoE preview: Bailey may give sterling bulls a Christmas present, assuming no talk of negative rates
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