9:12 AM · 16 December 2020

Sterling rises on reports of Brexit-deal progress

British pound climbed 0.4% after European Commission President Ursula von der Leyen said that while she could not say whether there would or would not be a deal, “there is a path to an agreement now” and the next few days will be critical. “We have found a way forward on most issues but two issues remain outstanding: the level playing field and fisheries,” von der Leyen said, according to Reuters.
“I am glad to report that the issues linked to governance now have largely been resolved. The next few days are going to be decisive.

GBPUSD - managed to break above the major resisitance at 1.35 after EU reported more progress on Brexit trade deal. Source: xStation5

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