Former BBC reporter and ITV News’ political respondent Robert Peston has recently tweeted out the latest developments surrounding the rumors UK’s Foreign Secretary Boris Johnson looking to resign from his position. “Friends of @BorisJohnson think he is quitting. Not definite. But he is ensconced in his official residence with his advisers, which sends a powerful signal. As one said, very hard for him not to quit now that Davis has, given that everyone knows they both hate May’s Brexit plan,” Peston said, via Twitter. The initial market reaction forced the GBP/USD pair to lose around 30 pips in a matter of minutes and the pair was last seen trading at 1.3325, adding 0.3% on the day. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD upside stalled ahead of 1.1800, USD off lows FX Street 4 years Former BBC reporter and ITV News' political respondent Robert Peston has recently tweeted out the latest developments surrounding the rumors UK's Foreign Secretary Boris Johnson looking to resign from his position. "Friends of @BorisJohnson think he is quitting. Not definite. But he is ensconced in his official residence with his advisers, which sends a powerful signal. As one said, very hard for him not to quit now that Davis has, given that everyone knows they both hate May's Brexit plan," Peston said, via Twitter. The initial market reaction forced the GBP/USD pair to lose around 30 pips in a matter… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.