According to the latest headlines floating on the wires, via The Telegraph, Brexiteers expected a no-confidence vote in the PM on Tuesday and were also noted saying that the threshold of 48 letters of the no-confidence vote in Theresa May will be reached later today.
The news, however, did little to prompt any fresh selling around the British Pound, with the GBP/USD pair still holding with modest recovery gains above the 1.2800 round figure mark.