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Brexit Deal Reached: GBP/USD soars towards 1.30

Jimmy, Thu Oct 17, 2019 8:44 pm

Breaking: GBP/USD soars toward 1.30 as Brexit deal reached

Reporters in Brussels say that a Brexit deal has been agreed. One reporter announces "white smoke" and another says that Chief EU Negotiator Michel Barnier has briefed reporters and said that a deal has been reached.

Prime Minister Borish Johnson tweeted:

We’ve got a great new deal that takes back control — now Parliament should get Brexit done on Saturday

European Commission President Jean-Claude Juncker praised the deal:

"Where there is a will, there is a #deal - we have one! It’s a fair and balanced agreement for the EU and the UK and it is testament to our commitment to find solutions. I recommend that #EUCO endorses this deal."


GBP/USD is surging to new five-month highs above 1.29 and toward 1.30.


EUR/USD is also getting carried higher and crosses 1.11.

Source: https://www.fxstreet.com/news/breaking- ... 1910170929
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