UK PM Johnson reportedly set to continue talks, GBP/USD extends recovery

The Times is reporting that UK Prime Minister Boris Johnson has decided to continue Brexit talks. Downing Street was set to announce its verdict following the EU Summit on Thursday, were the bloc's leaders said that it is the UK's turn to make concessions. They also refused to intensify the pace of deliberations. 

GBP/USD is extending its gains above 1.2940.