Recent remarks from the EU say that Brexit deal is rather impossible unless the UK moves with further proposals. The European Union indicates that technical Brexit negotiations probably reached an impasse. Another story says that Brexit negotiations may collapse, because DUP is not ready to support a new Brexit deal. The pound has decreased significantly in recent minutes as Brexit deal seems to be less likely. After reaching the support of 123.6 Fibo, the pair has recovered slightly.
GBPUSD has decreased from resistance zone near the 1.2770. Source: xStation5
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