EU’s McGuiness on Brexit: I hope we don't need to implement contingency plans

The European Union's Commissioner for Financial Services, Mairead McGuinness, added to his earlier comments and said that none of us, at this stage, can predict an outcome on Brexit talks.

Additional quotes:

• There were some positive developments this week.
• I think it will go to the wire.
• I hope we get an early Christmas present this weekend.
• I hope we don't need to implement contingency plans.

The comments did little to provide any respite to the GBP bulls and the GBP/USD pair was seen flirting with daily lows, just above the 1.3300 mark.