British Prime Minister Theresa May's spokesman crossed the wires in the last minutes saying that it was clear to them that they wouldn't be able to reach a "complete agreement" with the opposition Labour party.
Earlier in the day, Labour leader Corby said that they will continue to oppose PM May's Brexit deal.
The GBP/USD extended its slide on these headlines and was last seen trading at its lowest level since mid-January at 1.2754, losing 0.32% on the day.
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