Sterling gives up earlier gains on mixed Brexit cues

British pound fell against dollar today, to surrender its earlier gains amid mixed news about the Brexit and the Us-China trade talks.

British PM Boris Johnson said that it is still possible to for an agreement reach with the EU before the Brexit deadline at October 31st.

Which came in line with what European Commission Chairman Jean-Claude Juncker said the possibility of a deal on the Brexit between London and Brussels.

The Japanese billionaire businessman, Tadashi Yanai, also said that the Brexit is "practically impossible" as the UK has a Northern Ireland issue and a Scotland issue and could take the economy back to the economic stagnation.

As of 20:18 GMT, GBP/USD fell by 0.4% to $1.2474, and hit a high of $1.2582 and a low of $1.2459.