The Pound is gaining some ground to the Dollar and the Euro during early Monday trading. The UK and the EU decided to extend the deadline for the trade deal negotiations, having failed to reach an agreement within the previously self-imposed deadline. The current value of the Pound in the spot forex market reflects a general belief on the part of investors that a deal will be reached before the end of the year, seeing the recent posturing from both sides as part of a negotiating tactic.
