Sterling rebounds strongly after UK Prime Minister Boris Johnson and his Irish counterpart Leo Varadkar held “constructive” talks. In a joint statement, they said that “both continue to believe that a deal is in everybody’s interest”.
More importantly, “they agreed that they could see a pathway to a possible deal. Their discussion concentrated on the challenges of customs and consent.” UK Brexit Secretary Steve Barclay and EU negotiator Michel Barnier will meet in Brussels on Friday. Officials will “continue to engage intensively” with each other in the search for a deal.
For now, there seems to be no breakthrough in the negotiations regarding Irish backstop yet. However, at least, both sides believed there was enough progress for further talks.