Irish PM Varadkar: We are not reopening Withdrawal Agreement

Irish Prime Minister Leo Varadkar crossed the wires in the last minutes, repeating that they will not be opening the Withdrawal Agreement but added that they had shown "reasonableness and flexibility" in the past. "We can't discount the possibility of an election in UK before or after October 31," Varadkar said. "A withdrawal agreement without a backstop is the same as no-deal."

The GBP/USD pair is still trying at its lowest level in more than two years below the 1.24 mark.