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Problems in Brexit trade talks

Problems in Brexit trade talks | 22 December 2020

22 December 2020, EUR/USD

Problems in Brexit trade talks

EURUSD trading plan:

Prime Minister Boris Johnson said that there were still problems in Brexit trade talks and that Britain would thrive without a deal. "WTO terms would be more than satisfactory for the UK. And we can certainly cope with any difficulties that are thrown our way. Not that we don't want a deal but that WTO terms would be entirely satisfactory," he said. Britain says the talks are stuck on two issues - the so-called level playing field and fishing - and has repeatedly said the EU has to budge or there will be no deal. Unless Johnson can strike a trade deal with the EU in the next 10 days, the United Kingdom will leave the bloc's informal membership on Dec. 31 at 2300 London time without one.

Investment idea: range 1.2175 -1.2255.

David Johnson
Analyst of «FreshForex» company
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