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Boris Johnson says Joe Biden did NOT rebuke him over Northern Ireland

EUR/GBP consolidates in a range around 0 8600 mark

GBP/JPY climbs back above 155 00 mark after BoE Haldane s comments

6/9/2021 7:24:49 AM GMT | By Haresh Menghani GBP/JPY built on the previous day’s bounce from weekly lows, near mid-154.00s. Hawkish remarks by BoE’s Haldane provided a modest lift to the British pound. Brexit Jitter, COVID-19 woes, the cautious mood might cap gains for the cross. The GBP/JPY cross edged higher during the early European session and refreshed daily tops, around the 155.15 region in the last hour, albeit lacked follow-through. The cross built on the previous day s goodish bounce of around 50 pips from the vicinity of weekly lows, around the 154.55 region and gained some follow-through traction on Wednesday. The uptick was exclusively sponsored by a modest pickup in demand for the British pound, which got an additional boost after the Bank of England Chief Economist, Andy Haldane s hawkish comments.

GBP/USD Outlook: Bulls not ready to give up despite Brexit/Covid woes

6/9/2021 5:07:23 AM GMT A combination of factors prompted some selling around GBP/USD on Tuesday. Brexit woes, fresh COVID-19 jitters acted as a headwind for the British pound. The downside remains cushioned amid reluctance ahead of the US CPI report. The GBP/USD pair witnessed some selling on Tuesday and finally settled with modest losses, snapping two consecutive days of the winning streak. The British pound was weighed down by the EU-UK collision over Norther Ireland protocol and talks that further easing of lockdown measures in the UK may be postponed. In fact, the European Union warned of swift and firm action if the UK fails to honour its commitments under the divorce deal. The two sides are due to hold talks on Thursday to resolve differences over the deal.

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