News of UK’s planned legislation has irritated those in EU circles – BBC reporter

With the plethora of Brexit negative signals from the UK, as conveyed by the Financial Times and the Sunday Times, markets awaited the European Union’s (EU) reaction to the UK PM Boris Johnson’s comments increasing the odds of a no-deal Brexit. In an attempt to entertain the readers, BBC’s Katya Adler came out with the tweets while relying on her sources.

Key tweets

FX implications

Considering the mixed response of the bloc leaders, as per the tweets, GBP/USD recovers from the intraday low of 1.3239 to 1.3255 by the press time.