UK’s Raab: Brexit talks in 'reasonable position'

Anil Panchal FXStreet

Amid growing worries concerning the Brexit trade deal, UK Foreign Secretary Dominic Raab crossed wires, via Reuters quoting comments from Sky News, during the weekend.

The diplomat said, “Brexit trade negotiations with the European Union are in a reasonable position, with some progress on competition issues but significant differences outstanding on fishing.”

The British policymaker also mentioned that the talks are in the final session while also conveying fears while saying that the European Union (EU) had previously moved the goalposts on a final deadline.

GBP/USD nurses recent losses…

The news seems to have joined the vaccine hopes to favor the GBP/USD prices to mark the upside gap on the week’s start, currently wavering near 1.3325 during the early Monday’s Asian session.

Read: GBP/USD: Bears look to retake controls amid Brexit woes, vaccine hopes

Author

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

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