diff --git a/Misc/NEWS.d/next/Core and Builtins/2020-10-25-21-14-18.bpo-42150.b70u_T.rst b/Misc/NEWS.d/next/Core and Builtins/2020-10-25-21-14-18.bpo-42150.b70u_T.rst
new file mode 100644
index 00000000000..62fabb857aa
--- /dev/null
+++ b/Misc/NEWS.d/next/Core and Builtins/2020-10-25-21-14-18.bpo-42150.b70u_T.rst	
@@ -0,0 +1,2 @@
+Fix possible buffer overflow in the new parser when checking for
+continuation lines. Patch by Pablo Galindo.
diff --git a/Parser/pegen.c b/Parser/pegen.c
index efa5ed9f288..c7343f7f047 100644
--- a/Parser/pegen.c
+++ b/Parser/pegen.c
@@ -990,7 +990,8 @@ bad_single_statement(Parser *p)
 
     /* Newlines are allowed if preceded by a line continuation character
        or if they appear inside a string. */
-    if (!cur || *(cur - 1) == '\\' || newline_in_string(p, cur)) {
+    if (!cur || (cur != p->tok->buf && *(cur - 1) == '\\')
+             || newline_in_string(p, cur)) {
         return 0;
     }
     char c = *cur;