British Pound appreciates actively

On Wednesday, October 14, the British Pound extended gains against the US Dollar. The GBP/USD exchange rate has already gained 1.11%.  

It is likely that the Pound has been appreciating, as the European union and the UK decided to continue Brexit talks to try resolve existing gaps in the trade agreement. 

Note that the EU and UK aim to create a new trade deal by January 1, 2021.