LONDON, Sept 20 (Reuters) - The British pound extendedovernight gains against its rivals on Friday after EuropeanCommission President Jean-Claude Juncker said on Thursday that aBrexit deal is possible.
Building on overnight gains, sterling rallied 0.5% versusthe dollar to a two-month high and powered to a 4-monthpeak versus the euro at 87.87 pence.
Juncker said a deal is possible if the Irish borderbackstop, which the British government wants removed, could bereplaced with alternatives.(Reporting by Saikat Chatterjee; Editing by Yoruk Bahceli)