The GBP/USD managed to make back its entire losses after gapping lower overnight to trade near the day’s highs at the time of writing. This is despite the fact there was still no breakthrough in talks between the UK and EU over the issue of Northern Ireland. The two sides have struggled to find a solution on how to avoid new border checks between Northern Ireland and the Republic of Ireland, with UK Prime Minister Theresa May dismissing the EU's suggestion of keeping Northern Ireland aligned to its trade rules as a backstop arrangement. Although the UK PM today said that the EU had "responded positively" to her ... (full story)