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The UK opposition party leader Corbyn is on the wires now, via Reuters, commenting on the UK local elections outcome and Brexit.

Key Headlines:

If there is no agreement with government, Brexit will return to parliament.

 Labour wanted to do better in local elections.

Both main parties lost seats due to Brexit issues.

His comments weighed down on the pound, sending the GBP/USD pair lower to test the 1.30 handle.