UK Cabinet meeting on Brexit unlikely to take place ahead of next week – Source

According to Reuters, citing a government source, the UK Cabinet meeting on Brexit seems unlikely to take place ahead of next week. 

The news seemed to cast fresh doubt over the sticking point of Irish backstop and was seen exerting some downward pressure on the British Pound, with the GBP/USD pair flirting with daily lows and struggling below the 1.3100 handle.