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US President-Elect Biden: We do not want a guarded border in Ireland

US President-elect Joe Biden expressed his take on a key Brexit-related issue early Wednesday.

Biden said: “We do not want a guarded border in Ireland.”

His comment comes as no surprise, as the incoming US administration does not favor a closed-border arrangement.

Additional takeaways

“Let's begin the work to heal and unite America and the world.”

“The transition of power has already begun.”

“Will make ending 'damaging executive orders' a priority.”

“Priorities in the first 100 days will depend on Congress.”

GBP/USD reaction

GBP/USD consolidates the recovery above 1.3350, having recovered from Tuesday’s low of 1.3293.

The spot was last seen trading at 1.3359, almost unchanged on the day. A lack of fresh Brexit updates keeps the bulls in limbo.

Author

Dhwani Mehta

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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