GBP/USD: Sterling gained, supported by Brexit developments in the past few weeks. Britain and the European Union have just over two months to reach a trade agreement before the status-quo transition period ends on Dec. 31. The major traded 0.3 percent higher at 1.3018, having hit a low of 1.2916 on Wednesday, it’s highest since October 20. Investors’ attention will remain on the geopolitical developments, ahead of the U.S. fundamental drivers. Immediate resistance is located at 1.3050, a break above could take it near 1.3082. On the downside, support is seen at 1.2950, a break below targets 1.2924. Against the euro, the pound was trading 0.2 percent up at 90.30 pence, having hit a high of 90.14 the day before, it’s highest since October 21.
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