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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:

GBP USD Technical analysis October 2 2018 Boris Johnson