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Reuters reports the comments from Northern Ireland’s Democratic Unionist Party (DUP) lawmaker Jeffrey Donaldson delivered after speaking to the UK PM Johnson on Tuesday night.

Key Quotes:

The deal on the table is clearly unacceptable

The problem with the withdrawal agreement is the backstop

We want a more flexible approach from the EU

Johnson is right to take a tough line

The prospect of a no-deal Brexit is significant.

The above comments aggravate mounting fears of a no-deal Brexit that continue to be GBP-negative, as the Cable attempts gains near 1.2165 region ahead of the London open.