9:03 AM · 11 October 2019

Breaking news: Big move on GBPUSD after Tusk's comment.

GBP/USD

Forex

EU's Tusk: "Johnson has promised to come forward with a solution that works for all".

UK has not come forward with a realistic and workable proposal
If there is no proposal by today, will announce that there is no more chance at summit
Have received promising signals from Varadkar after meeting yesterday
Even the slightest chance must be used

First reaction on GBPUSD was bearish, but the price rebounded from the key support at the area of 1,24 handle.

GBPUSD, M5 interval. Source: xStation5

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24 October 2025, 1:46 PM

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