Former Tory leader Smith: Doubt there will be an election before Oct. 31

Reuters reports the latest comments from the former UK Conservative Leader Duncan Smith, with the key headlines found below.

Impossible to say whether or not there will be an election.

Doubt there will be an election before Oct. 31.

Such UK political headlines add to the looming Brexit uncertainty and render GBP-negative, with GBP/USD keeping its range near daily lows of 1.2465, almost unchanged on the day.