{"id":84300,"date":"2019-12-30T10:54:06","date_gmt":"2019-12-30T15:54:06","guid":{"rendered":"https:\/\/currencylive.com\/?p=84300"},"modified":"2019-12-30T10:55:26","modified_gmt":"2019-12-30T15:55:26","slug":"101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/","title":{"rendered":"GBP\/AUD Advances on Hopes that Johnson Will Abandon Tight Brexit Timeline \u00a0"},"content":{"rendered":"<p>GBP\/AUD is advancing on Monday, though it has lost most of the morning gains. Currently, the pair is trading at 1.8732, up 0.05% as of 8:08 AM UTC. The price touched the daily peak at 1.8783. Even though <a href=\"https:\/\/currencylive.com\/currency\/gbp\/\">the pound<\/a> had several bullish days last week, it couldn\u2019t recover the losses of last Monday, when it fell against the Aussie by 0.87%.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Pressure on the sterling had eased since Christmas Day when investors shifted focus from no-deal Brexit fears. Right after UK Prime Minister Boris Johnson secured a major victory in the national election, he announced that he would make it illegal for the government to seek an extension for the Brexit transition deadline beyond December 2020. The UK is about to leave the European bloc on January 31, 2020, and investors are worried that 11 months won\u2019t be enough for the two sides to reach a trade deal. Nevertheless, Johnson insists on his tight timeline, which opens the door to a potential no-deal Brexit \u2014 a worst-case scenario for the British economy.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Johnson\u2019s intention has already become law after the parliament passed the second reading of the Withdrawal Agreement Bill (WAB) on Friday, December 20.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Despite everything, some economists hope that the PM will change mind and will give up his opposing to an extended timeline.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>European trade commissioner Phil Hogan said that he expected Johnson to abandon his pledge not to extend the Brexit implementation date. He <a href=\"https:\/\/www.irishtimes.com\/news\/ireland\/irish-news\/johnson-will-abandon-pledge-on-brexit-transition-period-hogan-1.4126850\">said<\/a> in an interview with The Irish Times:<\/p>\n<p>\u201c<i>In the past, we saw the way the prime minister promised to die in the ditch rather than extend the deadline for Brexit, only for him to do just that. I don\u2019t believe prime minister Johnson will die in the ditch over the timeline for the future relationship either<\/i>.\u201d<\/p>\n<p>Hogan said the UK\u2019s decision to rule out any extension attempt was \u201cvery odd,\u201d calling it a political \u201cstunt.\u201d<\/p>\n<p>The pound would have performed better against <a href=\"https:\/\/currencylive.com\/currency\/aud\/\">the Aussie<\/a>, but the Australian currency is supported by optimism over the trade deal between the US and China. The latter is Australia\u2019s largest trade partner. <span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<hr \/>\n<h6><em>Currencylive.com<\/em><em> is a news site only and not a currency trading platform.<\/em><\/h6>\n<h6><em>Currencylive.com is a site operated by TransferWise Inc. (&#8220;We&#8221;, &#8220;Us&#8221;), a Delaware Corporation. We do not guarantee that the website will operate in an uninterrupted or error-free manner or is free of viruses or other harmful components. The content on our site is provided for general information only and is not intended as an exhaustive treatment of its subject. We expressly disclaim any contractual or fiduciary relationship with you on the basis of the content of our site, any you may not rely thereon for any purpose. You should consult with qualified professionals or specialists before taking, or refraining from, any action on the basis of the content on our site. Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date, and DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Some of the content posted on this site has been commissioned by Us, but is the work of independent contractors. These contractors are not employees, workers, agents or partners of TransferWise and they do not hold themselves out as one. The information and content posted by these independent contractors have not been verified or approved by Us. The views expressed by these independent contractors on currencylive.com do not represent our views.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/AUD is advancing on Monday, though it has lost most of the morning gains. Currently, the pair is trading at 1.8732, up 0.05% as of 8:08 AM UTC. The price touched the daily peak at 1.8783. Even though the pound had several bullish days last week, it couldn\u2019t recover the losses of last Monday, when [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":47026,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1547,1379],"tags":[1540,1394],"class_list":{"0":"post-84300","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aud","8":"category-gbp","9":"tag-aud","10":"tag-gbp"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/AUD Advances on Hopes that Johnson Will Abandon Tight Brexit Timeline \u00a0 - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/AUD Advances on Hopes that Johnson Will Abandon Tight Brexit Timeline \u00a0\",\"datePublished\":\"2019-12-30T15:54:06+00:00\",\"dateModified\":\"2019-12-30T15:55:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/\"},\"wordCount\":602,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/GBP-aud-broke-ascending-support-line.jpg\",\"keywords\":[\"aud\",\"gbp\"],\"articleSection\":[\"AUD\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/\",\"name\":\"GBP\\\/AUD Advances on Hopes that Johnson Will Abandon Tight Brexit Timeline \u00a0 - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/GBP-aud-broke-ascending-support-line.jpg\",\"datePublished\":\"2019-12-30T15:54:06+00:00\",\"dateModified\":\"2019-12-30T15:55:26+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/GBP-aud-broke-ascending-support-line.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/GBP-aud-broke-ascending-support-line.jpg\",\"width\":1200,\"height\":675,\"caption\":\"gbp-aud\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/AUD Advances on Hopes that Johnson Will Abandon Tight Brexit Timeline \u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\",\"name\":\"Ileana Ionescu\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g\",\"caption\":\"Ileana Ionescu\"},\"description\":\"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/ileana-ionescu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/AUD Advances on Hopes that Johnson Will Abandon Tight Brexit Timeline \u00a0 - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/","twitter_misc":{"Written by":"Ileana Ionescu","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/"},"author":{"name":"Ileana Ionescu","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"headline":"GBP\/AUD Advances on Hopes that Johnson Will Abandon Tight Brexit Timeline \u00a0","datePublished":"2019-12-30T15:54:06+00:00","dateModified":"2019-12-30T15:55:26+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/"},"wordCount":602,"image":{"@id":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/GBP-aud-broke-ascending-support-line.jpg","keywords":["aud","gbp"],"articleSection":["AUD","GBP"],"inLanguage":"en-US","copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/","url":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/","name":"GBP\/AUD Advances on Hopes that Johnson Will Abandon Tight Brexit Timeline \u00a0 - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/GBP-aud-broke-ascending-support-line.jpg","datePublished":"2019-12-30T15:54:06+00:00","dateModified":"2019-12-30T15:55:26+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/GBP-aud-broke-ascending-support-line.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/GBP-aud-broke-ascending-support-line.jpg","width":1200,"height":675,"caption":"gbp-aud"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/101913-gbp-aud-advances-on-hopes-that-johnson-will-abandon-tight-brexit-timeline\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/AUD Advances on Hopes that Johnson Will Abandon Tight Brexit Timeline \u00a0"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b","name":"Ileana Ionescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","caption":"Ileana Ionescu"},"description":"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.","url":"https:\/\/currencylive.com\/news\/author\/ileana-ionescu\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/10\/GBP-aud-broke-ascending-support-line.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/84300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946598"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=84300"}],"version-history":[{"count":4,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/84300\/revisions"}],"predecessor-version":[{"id":84305,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/84300\/revisions\/84305"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/47026"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=84300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=84300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=84300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}