With just weeks to go before the UK is due to leave the European Union, speculation is mounting that more time will be needed to reach an agreement. But what would an extension of Article 50 mean for sterling and the UK economy?
WATCH: Sterling could jump 5% on long Brexit extension
Speculation that Brexit could be delayed has pushed the pound higher in the last two weeks. And the rally may not be over. James Smith explains what could happen to sterling and the UK economy if Article 50 is extended