EU's head of parliamentary Brexit team after talks with Juncker and Barnier 4 Dec

  • no Brexit deal yet, sees chances at 50-50

Luxembourg MEP Bettel says he has had "rather positive" news on Brexit today

MEP Brock says "very good chance" PM May will strike a Brexit deal

  • "just a few words missing" for accord

Take your pick but GBP enjoying a decent rally on the hopes of moving forward today.

GBPUSD 1.3480 with EURGBP back down testing those 0.8789 option expiries.

Juncker and Barnier have been meeting EU parliament reps ahead of lunch with May & Co as I reported yesterday.

I hear there'll be a coin toss for the €20bln restaurant bill given all the delays and the clock ticking. The discussion now though is do they use a euro or a pound.