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GBP/USD Hits New Highs as Brexit Talks Reportedly on Verge of Resuming

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GBP firms sharply, with Gilt futures coming under pressure as Bloomberg reports that UK/EU trade talks are on the verge of being resumed as after contact between the two negotiating teams have been positive.

The report states that the talks are to restart with an aim of getting a deal secured by mid-November.

GBP/USD rallies to touch 1.3135 in response, with Gilt futures coming under pressure and hitting lows of 135.81.

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