Citing a senior European Union (EU) official familiar with the matter, Reuters on Friday reported that the EU was expected to announce a decision, in principle, to extend the Brexit deadline without specifying a date.
The British Pound ignored these comments and the GBP/USD pair was last seen trading at 1.2845, down 0.05% on the day. On the other hand, the EUR/GBP pair was up 0.18% on the day at 0.8655.
The next significant event related to Brexit will be Monday’s vote in UK parliament whether to have a snap election on December 12.
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