Brexit extension anticipation back on the cards

Scottish First Minister Nicola Sturgeon has asked the UK's PM Boris Johnson to go against his Tory party's wishes and seek a Brexit transition period extension. 

The request comes following further delays to any agreement with the EU on a Brexit deal where yet another pencilled-in deadline has been moved. 

More on the latest weekend updates below:

Brexit update: EP will not now ratify a trade deal in 2020

Brexit update: EU and UK negotiating teams remain at loggerheads

GBP/USD implications

GBP/USD: Brexit woes, new covid strain hint bear’s return near 31-month high

Cable has, as expected dropped in the open today to prior liquidity in a bearish gap which could provide opportunities on a fade on attempts to close the gap. 

Before the open:

At the open: