GBP goes on a 120 pip round trip
The pound is back up from it's little wobble to 1.5258 and is back testing resistance around 1.5330
Livesquawk have just made a good point that UK lawmakers are discussing the EU referendum
There's not been many headlines coming out but Philip Hammond, the UK foreign secretary, was out around 30 minutes ago saying that the referendum will happen sooner if the UK renegotiates what it wants ahead of schedule. He didn't give anything away as to what PM David Cameron will be asking for but said that he is targeting an EU meeting on the 26th June to put the UK's points across.
Probably what moved the price was a comment from Hammond saying that as long as there is a Conservative government, we will not, and never will be, part of the single currency
