The Guardian newspaper has seen draft docs of an EU parliament resolution
Our good friends at Livesquawk with the eagle-eyes.
"Leaked European parliament resolution puts three-year limit on transition arrangement and says no to free trade agreement in next two years
Britain will not be given a free trade deal by the EU in the next two years, and a transition arrangement to cushion the UK"s exit after 2019 can last no longer than three years, a European parliament resolution has vowed, in the first official response by the EU institutions to the triggering of article 50 by Theresa May.
A leaked copy of the resolution, on which the EU"s chief Brexit negotiator, Michel Barnier has been a close conspirator, lays bare the tough path ahead for Britain as the historic process of withdrawing from the European Union begins"
Full article here
GBPUSD dribbling back down toward 1.2420-25 pivot area . EURGBP up to 0.8683 from 0.8657 lows.
Latest EU leak on Brexit deal less than conciliatory
Latest EU leak on Brexit deal less than conciliatory
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