Ireland's Coveney: EU trying to put package together with reassurances UK looking for

Irish foreign minister Simon Coveney recently crossed the wires explaining that the EU was trying to put a package together to provide the British Parliament with the reassurances that they are looking for. With the initial reaction to this headline, the GBP/USD pair gained traction and was last seen trading at 1.3090, adding 0.55% on a daily basis.

Key quotes (via Reuters)

• EU will not compromise on core issues in trying to ease UK concerns on Irish border backstop.
• Withdrawal agreement cannot be changed.
• Brexit negotiations are ongoing, understand UK PM to travel to Strasbourg to seek to finalise an agreement.
• There are still obstacles in negotiations.