Conservative Brexiteer Jacob Rees-Mogg was out on the wires in the last hour, saying that I am in favour of May’s deal and I hope DUP will also come over to it.
The remarks followed the overnight statement that he will vote against Theresa May’s deal unless the DUP MPs are on board and hence, did little to offer any respite for the GBP bulls.
The GBP/USD pair held on to its weaker tone and was seen struggling near weekly lows, around mid-1.3100s.