Barnier: UK still has to come up with Irish solution

GBPUSD remains above 1.4000

Meanwhile Irish PM Varadkar is saying:

• We want to ensure UK guarantees are binding
• around two-year transition is being considered
• open to ideas of unique northern Ireland if needed

The GBPUSD has come off a bit after testing a topside trend line on the hourly chart. The 1.4000 level will be eyed by traders as support. A move below could lead to some profit taking.