EU's Barnier: So many consequences of Brexit are underestimated

The European Union's (EU) Chief Brexit Negotiator, Michel Barnier, on Tuesday argued that Brexit was not only about the divorce of the United Kingdom from the EU and added that so many consequences were underestimated, pre Reuters.

"I trust the UK will choose the same path after the election on December 12th," Barnier added. "Once the agreement is ratified, it will bring certainty."

The GBP/USD pair largely ignored these comments and was last seen trading at 1.2905, adding 0.18% on a daily basis.