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.
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