The British Currency fell against the US Dollar and all indications suggest the ongoing Brexit negotiations are largely responsible for this turn of events.
According to Jean-Claude Juncker, a deal will most likely be reached by November.
The GBP dropped $1.3054 against the USD, and also fell by 0.1% against the Euro.
Strategists, however, have remained optimistic as progress is made towards a successful Brexit.
Image Credit: Pounds Sterling Live