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

10:03 AM 11 October 2019

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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