UK PM spokesman: PM still believes there is a Brexit deal to be done

Eren Sengezer FXStreet

Commenting on British Prime Minister (PM) Boris Johnson's cabinet meeting, the PM's spokesman told reporters that Johnson told cabinet he still believes there is a Brexit deal to be done, per Reuters.

"The PM told the cabinet he was confident in the government's arguments for the supreme court case," the spokesman added.

Meanwhile, the GBP/USD pair continues to trade a tad above the 1.24 mark and posts modest losses on the day. Additionally, the EUR/GBP pair is adding 0.4% at 0.8883 to reflect the modest selling pressure surrounding the British pound.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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