BREAKING - Pound Pares Gains on Worries Over Little Progress on Brexit Talks

The pound pared gains to trade roughly unchanged Monday as investor jitters about the prospect of a Brexit deal lingered on increasing signs that little progress is expected in crunch UK-EU talks this week.

GBP/USD rose 0.06% to $1.3192 after rising to a session a high of $1.3242.

UK-EU trade talks resumed on Monday, but some are warning that a deal is unlikely this week in the wake of turmoil in the UK government as two of Prime Minister Boris Johnson's pro-Brexit advisors were ousted last week.

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