Earlier post here on senior EU figures and several governments support an extension of as much as 21 months
Some more now via UK press (Guardian)
- plans being explored by the EU's most senior officials
- gaining traction as the EU's default position should the Commons continue to reject May's deal, and a request emerge.
- Replacing the 21-month transition period with extra time as a member state would allow the UK and the EU to develop their plans for the future relationship with the aim of making the contentious Irish backstop redundant.
Link to the Guardian piece for more
Cable around 1.3065 as more liquidity begins to come online (and more will follow as Japan, Singapore and Hong Kong markets enter in the hours ahead)