This level has become a key threshold for GBP/USD rates in recent times, with the current economic climate restricting any major advancements for the pound.
Brexit talks
UK, EU Agree Legally Binding Changes to Brexit Deal
British Prime Minister Theresa May has clinched legally-binding Brexit assurances with the European Union in a last ditch attempt to win over rebellious British MPs who have threatened to vote down her divorce deal again.
U.K. Dismisses EU’s Brexit Concession as a ‘Disappointing’ Joke
U.K. Cabinet minister Andrea Leadsom rejected the European Union’s latest plan to break the Brexit deadlock, but said Parliament will be given more chances to vote on the deal if the bloc improves its “disappointing” offer before it’s too late.
Brexit – When is the UK due to leave the EU?
Prime Minister Theresa May today called on the European Union for “one more push” to strike a Brexit compromise deal and told MPs that rejecting the agreement could mean Britain never leaves.
BREXIT PLANS IN 2019
The dollar held at a near three-week high as investors sought the relative safety of the U.S. currency.