Via Reuters

  • Can be no path to a deal except through replacing the backstop
  • We are some way from a resolution
  • Welcomes statement from Juncker that EU will examine UK proposals objectively
  • I have given a guarantee that the UK will never conduct checks at the Irish border
  • Ready to leave October 31
  • If European neighbours do not show willingness to reach a deal will have to leave with no deal.

GBPUSD is at 1.2287 and waiting for the next move from the EU or the UK to confirm movs towards a deal or no-deal