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Irish Prime Minister Leo Varadkar crossed the wires in the last minutes reiterating that the Irish backstop in an “absolute red line” for Ireland.  

Commenting on the possibility of a Brexit extension, “There would be a great deal of reluctance among EU  leaders to grant another Brexit extension,” Varadkar stated. “There would have to be a very good reason for an extension, such as a general election.”

The GBP/USD pair largely ignored these remarks and was last seen trading at 1.2538, adding 0.12% on a daily basis.