Breaking: GBP/USD crashes as May may pull Brexit vote, uncertainty looms, to address Parliament at 15:30 GMT

Various British media outlets confirm the rumors that Prime Minister Theresa May will pull the crucial vote on her Brexit deal. She will reportedly make a statement to the House of Commons at 15:30 GMT.

GBP/USD hit a new low at 1.2650 at the time of writing, the lowest since June 2017.