Breaking news: EU ready to consider limit on Irish Brexit backstop

5:27 PM 1 October 2019

According to the people familiar with the matter, EU sees possible concessions if UK accepts backstop. GBPUSD spikes to the highest today after release of this report. Currently GBPUSD is above 1.2300 and stops below 38.2 Fibo retracement of recent upward wave.  

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