Pound steady as Brexit negotiators race to meet midnight deadline

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The Pound is gaining against the US Dollar, amid reports that Brexit negotiators are rushing to try and meet a midnight deadline to strike up a deal. GBPUSD climbed back above the psychological 1.26 level, as investors’ optimism surrounding the likelihood of a Brexit deal remains intact for now. Sterling is one of just three G10 currencies that are gaining against the Greenback at the time of writing, with the other two being the Japanese Yen and the Canadian Dollar.

With the clock counting down until the EU leaders’ summit, which is scheduled to commence on Thursday, it remains to be seen… Read More:

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