The GBP/USD is wavering today after the ‘boring’ meeting between Boris Johnson and Ursula von der Leyen in Brussels. The meeting ended without a deal as the two pressed their teams to reach an agreement. This shifts the next solid deadline to Sunday. On the economic calendar, the key events today will be UK GDP and production data that will come out at 10:00 GMT+3. Economists expect the data to show that industrial and manufacturing production dropped by 6.5% and 8.4% in November as the number of new Covid cases continued to rise. The ONS will also release the October trade numbers. Later on, the GBP/USD will … (full story)
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