GBP/USD NZD/USD Failed to break Key Resistance Levels, AUD/NZD downtrend
The absence of any update following informal U.K.-EU trade talks at a Tuesday dinner suggests little progress was made, which is negative for sterling, MUFG Bank says. “We do not expect to see GBP fortunes change unless a Brexit deal is agreed and we would view no news from last night as more likely bad news,” MUFG analyst Derek Halpenny says.