Pound on the defensive on election talk
Election talk and broader US dollar strength are weighing on the pound.
GBP/USD is at the lows of the day, down 66 pips to 1.2843. That's a hair above Tuesday's low of 1.2842.
A break lower here could put levels all the way down to 1.2582 in play but initially watch out for some stops and some pressure down to 1.2800.