Sterling holds amid uncertainty about British early elections

The British pound held against the US dollar today, amid the lingering uncertainty about the British early elections for December 12.

The British parliament has agreed on the Prime Minister Boris Johnson's proposal for early elections, after his Brexit deal with EU was rejected.

As Johnson seeks to implement the Brexit without more delays, as he repeatedly said that the British people voted for that in the 2016 referendum to leave the European Union.

However, the house of commons delayed the Brexit deadline in several times to extend the negotiations with Brussels, in attempts to reach a deal that will shield the British economy from a catastrophic repercussions.

Amid the Brexit uncertainty, a broad optimism emerged about the US-China trade talks as the two countries are getting closer to signing the first phase of the final trade deal.

GBP/USD held at 1.288 as of 19:55 GMT, with an intraday high of 1.2916 and a low of 1.2847.