UK Former Foreign Minister Boris Johnson is speaking at a fringe event at the Conservative Party annual conference.
Developing story
The GBP/USD was already on the back foot earlier in the day on concerns over Brexit and the stability of the British government. The US Dollar is also moving higher across the board on a risk-off sentiment, fueled by worries about Italy.
Here is the move on the GBP/USD graph. Click on the image to see a live chart: