Sterling Slides As French President Rejects Brexit Delay

Amid yet another week of chaos in the Brexit debacle, cable just legged lower as Bloomberg reports that the French Presidency has warned that there will be "no Brexit extension if it's simply to gain time."

This could be just posturing of course but remember all 27 EU members have to agree...

Of course, the French establishment are more than happy for a distraction from the 'yellow vest' headlines.

Developing...