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Laura Kuessenberg, of the BBC, reported that the Democratic Unionist Party of Northern Ireland refuses to support Prime Minister Theresa May's Brexit after a conversation between the leaders.
The GBP / USD is below 1.3200 after peaking at 1.3246 earlier in the day. The support is seen at 1.13160, the lowest of the day, followed by the round figure of 1.3100.
DUP support is essential for Parliament's approval of the Brexit agreement that was twice rejected by the House of Commons. According to reports, Premier May may resign to convince some of her Brexit colleagues to vote in favor of the agreement. May will make a statement in Parliament at 15:30 GMT.
Here's what the movement looks like on the pound / dollar chart:
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