The UK Cabinet Minister and former Brexit Minister Stephen Barclay expressed his concerns on the Northern Ireland protocol, which remains a headwind for the pound amid renewed Brexit jitters.
Barclay said: “There is recognition on both sides that the protocol needs to work for both communities in Northern Ireland, but the protocol is not working.”
GBP/USD is off the highs, attacking 1.3600 amid the Brexit headlines and downbeat mood. The spot is up 0.08% on the day.