And the pound jumps back up
Two sources citing the same story now with a reporter from The Spectator and the political editor fro the The UK Times. It's all getting very jumpy now for the pound as price is reacting to headline after headline.
GBP/USD moves up to 1.2830 before settling around 1.2815 currently. It's a bit tough to be chasing pips in an environment like this. The fact that we're moving around 40 pips per headline goes to show how illiquid the trading environment is.
Update: The Sun's political editor Tom Newton Dunn says that this story is confirmed.
