The EU negotiating team has reportedly briefed ambassadors that Brexit talks remain unresolved on three main issues. These are fisheries, governance, and a level playing field. Brussels says London has not moved on these topics.
GBP/USD is trading closer to 1.3250, down from near 1.33.
Face-to-face talks have been suspended after one EU team member tested positive for COVID-19.
The UK formally left the EU on January 31 but remains in a transition period that expires at the end of the year. Both sides are discussing future relations post-Brexit.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.