EU's Barnier: EU cannot be sure UK can benefit from EU trade deals during transition

Chief EU trade negotiator on Brexit speaking

He adds:

• other parties to EU trade deals may not want UK to benefit during transition
• still work to be done on UK - EU divorce treaty
• will be no transition deal without agreement on divorce

The EURGBP has moved back above its 200 hour MA (green line) after dipping below earlier. That MA comes in at 0.87826 currently. We trade at 0.8784 now.