The pound edged up after Tuesday’s rally following reports of a British-EU deal on a Brexit bill, meaning they can now move to talks on a post-split trade deal.
“This headline is fantastically positive news for the beleaguered pound,” said Stephen Innes, head of Asia-Pacific trading at OANDA. “The financial settlement should pave the way to possible breakthrough in negotiations in December overcoming investors biggest fears, a hard Brexit.”
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