Forex Top Team

The British Prime Minister and the EU are in a “serious situation” in trade negotiations. The European Parliament has a deadline of 20 days.

British Prime Minister Boris Johnson had a telephone conversation with European Commission President Ursula von der Leyen on the 17th in trade negotiations with the European Union (EU). After the meeting, he expressed concern that the negotiations were in a “serious situation.”

“The deadline is approaching,” Johnson said, warning that “it is very likely” that there will be no trade agreements unless the EU changes its “bold” route.

Von der Leyen, on the other hand, said that it was “very difficult” to bridge the “big difference” in fishery rights, but “many progress was made on many issues.” did.

Trade negotiations are expected to continue in Brussels on the 18th. European Parliament officials say they will not have time to ratify unless a draft agreement is finalized by the 20th.

(Source: BBC)

Today is a weekend, so if there is no progress as it is, it is assumed that more GBP shorts will gather due to anxiety.

GBPJPY is still on short.