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Reporting on the latest political developments in the UK, “It is now almost 100% certain that there will be no deal between the DUP and the government this week, and therefore – as I said on Saturday – Theresa May will not risk third meaningful vote this week,” ITV’s political editor Robert Peston tweeted out recently.

With the initial market reaction, the GBP/USD pair slumped to a daily low of 1.3210 and was last seen trading at 1.3227, losing 0.47% on a daily basis.