French President Macron said that the European Union could decide on Brexit by the end of this week. Reports from news outlets said that the French leader wanted the EU to discuss Brexit swiftly. This comes after Boris Johnson submitted fresh proposals on Brexit late last week.
GBP/USD Caught in the Range
The currency pair is seen trading within the established range of 1.2370–1.2291. It is likely that the currency pair will remain within this range for a while. The Brexit decision announcement from the EU could potentially be a catalyst. The bias remained mixed for the moment. However, there is scope for GBPUSD to decline towards 1.2082 level of support
