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The Pound has breached the 1.26 level against the US Dollar for the first time since early-July, and is set for its best two days since 2009. GBPUSD extended Thursday’s gains on hopes that a Brexit deal is becoming increasingly likely.According the media reports, the EU’s chief negotiator, Michel Barnier, has indicated that both the UK and EU can now discuss the legal draft of the Brexit deal, although an official decision may only be made early next week. This is being interpreted as a positive development by the markets, as it moves the UK further away from a no-deal Brexit, while... Read More
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