The British pound stays near five-week highs against the dollar as hopes of a UK-EU Brexit deal offset the ongoing US-China tensions.
The pound hit a high of $1.3087 after EU chief negotiator Michel Barnier said a Brexit deal was possible within weeks.
Barnier reiterated his desire to push ahead with the Brexit negotiation with the UK slated to leave the EU on March 29.
Sterling: +0.8% on Monday.
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