LONDON, March 20 (Reuters) - Sterling fell nearly onepercent on Wednesday after Prime Minister Theresa May asked theEuropean Union to delay Brexit until June 30, a shorterextension than some in the market had been expecting.

May also warned that a Brexit delay did not rule out ano-deal Brexit. urn:newsml:reuters.com:*:nS8N20Y05S

The British currency fell almost 1 percent to $1.3147 GBP=D3 after May spoke, having earlier traded above $1.32.

Versus the euro, sterling skidded 1 percent to 86.39 pence EURGBP=D3 .

(Reporting by Tommy Reggiori Wilkes; Editing by DharaRanasinghe) ((thomas.wilkes@tr.com; Reuters Messaging:thomas.wilkes.thomsonreuters.com@reuters.net))