Beth Rigby, Sky News’ political editor, tweeted that sources in the UK government have told her that they will accept no delays to Brexit.
It is “deal or no deal – but no delays” – and that Prime Minister Boris Johnson will not accept one if offered.
GBP/USD extends its slide from the highs, falling to 1.2850. Cable reached a high of 1.2989 earlier in the day when the Brexit deal was announced.
Additional reports suggest that the Democratic Unionist Party (DUP) will vote against the accord in a special parliamentary session on Saturday. Further Brexit headlines are set to move the pound. Other currencies such as the euro are also influenced by Brexit developments.