Ahead of the Salzburg informal summit of EU leaders

EU Brexit negotiator Barnier says:

  • we are determined to work for orderly which role, including Ireland backstop, and ambitious future relationship with UK

The GBPUSD spiked up to 1.29868, but has come back down to 1.29728 now.

The 1.2984 was near a swing low on August 30, a swing high on September 5th. The price high on the run higher moved close to that area.