GBP review

Western Union:

Better news to share and help foster business with GBP buyers as the U.K. currency nears month-end at its most affordable levels since the day after Britain's election of May 7. 

As recently as mid-May the pound had strengthened to November 2014 highs, buoyed at the time by the surprisingly decisive win for Premier Cameron which took away political uncertainty that was expected to linger for much longer. 

It also didn't help sterling sentiment today that U.K. first quarter growth went an unrevised 0.3 percent which was lighter than forecasts of 0.4 percent.