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GBP Softens, Gilts Rally as EU Official Talks Down Deal Prospects

UK

GBP/USD hits reverse, erasing much of the session's gains as Bloomberg cite an EU official as saying that leaders are skeptical about the prospects of a Brexit deal. The comments come ahead of the call scheduled Saturday between EU's Von der Leyen and UK PM Johnson.

EUR/GBP rises back to unchanged at 0.9073, with Gilt futures rallying to the best levels of the day at 136.19.

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