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The Sun carried a story earlier today, citing that the UK PM Johnson is showing a sign he will now try for a compromise Brexit deal.

Key Quotes:

Johnson has told Tory rebels he is ready for “spears in my back” from party Eurosceptics “” in a sign he will now try for a compromise Brexit deal.

It is the latest in a series of hints he is ready to soften his key demand that Brussels scraps the Irish backstop.

Boris yesterday insisted a deal was possible, adding: “There are loads of people who want this done. That includes our friends and partners across the EU”.

The Cable is uninspired by the above article, holding its overnight consolidative mode around 1.2350 level, as the bears continue to guard the 1.2380/85 barrier.