Sterling falls against dollar on Brexit uncertainty

The British pound fell against US dollar today amid growing uncertainty about the UK's exit from the European Union crisis.

The British Prime Minister Boris Johnson called today for early general elections on December 12.

While the British parliament has previously voted against the PM Johnson's proposed fast-track timetable for the legislation of the latest Brexit deal with EU.

The parliament demanded Johnson to request from Brussels another Brexit deadline extensions until January 31 next year, which is what Johnson has been always against.

The markets are currently anticipating the US Federal Reserve's interest rate decision next Wednesday, amid high hopes about the progress that is being made in the US-China trade talks.

As of 18:47 GMT, GBP/USD fell by 0.2% to 1.2826, with an intraday high of 1.2862 and a low of 1.2802.