LONDON (Reuters) - Sterling added to its gains on Tuesday, pushing past $1.30 and hitting a seven-month high versus the euro after Irish broadcaster RTE reported that EU and UK negotiators had agreed on a text that deal with the Irish border.
The pound, already trading higher near $1.2950, added another half a cent to trade as high as $1.3010, up 1.2 percent on the day.
It extended its gains versus the euro to 86.73 pence, its strongest since mid-April.
The RTE report said that it was not correct to say negotiations between the UK and EU had “concluded”, with the text sent to London.
Reporting by Tommy Reggiori Wilkes; editing by Sujata Rao