British Prime Minister Boris Johnson crossed the wires in the last minutes reiterating that they will leave the European Union on October 31 and that they insist the backstop is going to be removed.
"We will not accept a Northern Ireland only backstop," Johnson said during a Facebook broadcast. "We will work hard for a Brexit deal, we're making great progress."
Regarding the criticism Johnson received over parliament suspension, Johnson said that his government is not authoritarian. "If opposition lawmakers disagree with our approach, it is always open to them to agree to an election," he added.
These comments had little to no impact on the British pound and the GBP/USD pair was last seen trading at 1.2333, losing 0.12% on a daily basis.
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.