Irish Govt refuses to engage with UK about no-deal Brexit preparations – Irish Times

Dhwani Mehta FXStreet

The Irish Times quotes "three people briefed on the contents of recent exchanges", as saying that the Irish Government has refused to engage in discussions with the UK about no-deal Brexit preparations, including on how to avoid checks on the Border.

Key Quotes:

“New UK government wants to talk to Dublin about managing a no-deal exit

But Irish Ministers and officials have declined

Government and EU leaders are sticking to the position there will be no discussions with the UK on how to manage a no-deal on the Border until after the UK has left the EU.

No-deal preparations are a unilateral EU matter.”

Despite the recent several recovery attempts, the risks remain skewed to the downside for the GBP/USD pair, as growing Brexit uncertainty amid no-deal Brexit fears continue to keep the GBP undermined.

At the press time, the Cable consolidates the latest recovery near 1.2165 region, as 1.2175-80 level remains a tough nut to crack.

GBP/USD technical analysis: Teasing inverse head-and-shoulders breakout

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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