Sterling conquers 1.3200 as Barnier confirmed 85% of Brexit deal agreed Sterling is trading up 0.4% at around 1.3200 after the EU chief Brexit negotiator Barnier confirmed that 85% deal is agreed while the US Treasury Secretary warned China of currency devaluation. News of Brexit deal being nearing completion support GBP while UK macro data missed the market estimates. The UK manufacturing output fell -0.2% m/m in August and GDP remained stagnant at the same period. The Bank of England chief economist Andy Haldane said market expectations of 25 basis points a year increase in BOE rates "not dissimilar" to BOE forecasts for pick up in wage growth over the next 3 years.