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Geopolitical tensions between the UK and the EU

Geopolitical tensions between the UK and the EU | 16 December 2020

16 December 2020, GBP/USD

Geopolitical tensions between the UK and the EU

GBPUSD trading plan:

British Prime Minister Boris Johnson repeated that the most likely outcome of post-Brexit trade talks with the European Union was no deal despite EU officials pointing to some, albeit slow, progress. Updating for his cabinet team of top ministers, Johnson "re-emphasised the desire to reach a free trade agreement, but not at any cost, and reiterated any agreement must respect the independence and sovereignty of the UK", his spokesman said. Irish Foreign Minister Simon Coveney said the negotiating teams were making slow progress, particularly on the contentious issue of guaranteeing fair competition, the so-called level playing field.

Investment idea: range 1.3430 -1.3500.

David Johnson
Analyst of «FreshForex» company
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