The British pound jumps as the EU reports further progress on the deal

British Prime Minister Boris Johnson is attending a virtual press conference at 10 Downing Street in central London on 26 November 2020.

Jamie Lorriman | AFP | Getty Images

Sterling surpassed the expected $ 1.35 barrier on Wednesday morning after European Commission President Ursula von der Leyen said progress had been made towards a post-Brexit trade deal between the UK and the Union. European.

Addressing the European Parliament, von der Leyen said that while he could not say whether or not there would be an agreement, “there is now a way to an agreement” and the coming days will be critical.

“We have found a way forward on most issues, but two issues remain: equal conditions and fishing,” von der Leyen told Reuters.

“I am pleased to report that governance-related issues have now been largely resolved. The next few days will be decisive.”

The pound rose 0.4% against the dollar after observations, surpassing the $ 1.35 barrier and the euro also gained 0.4% against the green dollar to be just below of $ 1.22.

.Source

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