Cable bounces from 1.2840 to 1.2920 levels currently
The pound is pretty much jumping all over the place this morning on Brexit headlines and it may very well continue that way until the weekend.

FT reporter, Sebastian Payne, tweets
Officials with knowledge of the talks say a landing zone on state aid has been identified but „fishing is the last sticking point. We both have to jump together.“

The mood in Whitehall as „cautiously optimistic“ but insiders warn „it’s going to go to the brink.“
report

ECB vice president, Luis de Guindos, says that there is no need to decide on adjusting PEPP immediately
– We are totally open to recalibrating measures
– But no need to decide on adjusting PEPP immediately
This mainly just reaffirms their current policy stance i.e. they still see no urgency to pursue further action just yet despite inflation