Attorney General's announced legal opinion....>

CABLE: Attorney General's announced legal opinion that risk remains unchanged,

that the UK would have no internationally lawful means of exiting the protocol's

arrangements, as regards the Irish backstop, dealt a severe blow to any hopes

that PM May could get her with drawl bill through Parliament at tonight's

meaningful vote(1900GMT). It also took the air out of the earlier sterling

enthusiasm sending cable to an extended low of $1.3005, off an earlier high of

$1.3289. Political pundits speculate that PM May's bill will be defeated again,

more interest now seen on the size of the loss (a large vote against could see

PM May's bill dead in the water). However, cable was able to recover as focus

turned to votes coming on Wednesday(no-deal vote) and Thursday(Article 50

extension). Rate met resistance at $1.3147, 50% retracement of the move down

from $1.3289 to $1.3005 before it eased off to $1.3072 where it met fresh

support. Conservative partner DUP have said they will vote against the deal

tonight, ERG lawyers have suggested voting against though some cracks have been

seen in this groups ranks.

- Support $1.3060/50, $1.3005. Resistance $1.3150, $1.3200.