The pound declines for a second day ahead of PM May’s motion in parliament; faces a revolt from euroskeptic lawmakers from within her own party because they perceive it to take a no-deal exit from the EU off the table.

Sterling down 0.2% to $1.2814, lowest level since Jan. 15; declines 0.1% to 87.73 pence per euro

Members of the anti-EU European Research Group met with Chief Whip Julian Smith on Wednesday evening to insist that leaving the bloc without an agreement must remain an option, according to people familiar with the matter.

Source: Bloomberg