UK-EU negotiations are clogged

position only.

The GBP plummeted at the statement of Michel Barnier, who is in charge of Brexit negotiations.

GBUSD buying is a stopout.

Consider selling new GBPNZD.

〇 UK-EU negotiations are clogged

Michel Barnier, the EU’s head of Brexit negotiations, told the EU envoy that discussions were stalled on three major issues: fishing, governance and fair competition.

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