Against the backdrop of the newly emerging uncertainty around Brexit, the pound is declining during today's European session. Today, on the second day of the EU summit, its leaders ordered the UK to outline the prospects and goals of signing an agreement on mutual trade in the coming weeks.
It is expected that on Friday it will be decided to move on to the next stage of negotiations on Brexit. But so far there is no clear position on the part of the UK on this issue.
There is no consensus in the UK government about further relations with the EU and an understanding of what concessions Brexit's supporters are willing to take to maintain close trade ties with the EU. The British Prime Minister has so far vainly tried to smooth the differences in the government about Brexit.
All this negatively affects the quotations of the pound, which is falling against the dollar, even against the Background of the fact that the dollar continues to trade lower against other major currencies.