UK aims to legislate against Brexit deal

The United Kingdom has been long supporting the case to modify the Northern Ireland Protocol amid the barriers it creates in Northern Ireland. Another issue comes from delay and prices rises amid checks requirements.

However, the Union has refused to reopen the treaty and has threatened to use “all the measures at its disposal” is the UK takes unilateral action to override the Brexit deal.

Last week, UK Foreign Secretary Liz Truss updated the local parliament, noting that their preference is to reach a negotiated solution with the EU. The GBP/USD pair’s performance has been unaltered by the news.