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DUP's Foster: There is possibility of a sensible deal on the Irish border

Northern Ireland’s Democratic Unionist Party (DUP) leader Foster is on the wires now, noting that there is a possibility of a sensible deal on the Irish border.

"Johnson says backstop is dead so we need to find a new way forward," Foster said. "There are ways to deal with border issue; Dublin must dial down the rhetoric."

These comments seem to be providing a modest boost to the GBP/USD pair, which was last seen up 0.2% on the day at 1.2173.

GBP/USD clings to modest gains, still below 1.2200 mark ahead of US ADP/FOMC

The GBP/USD pair extended its sideways price action and remained confined in 30-pips narrow trading band through the mid-European session on Wednesday
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