Nigel Farage steps down as leader of UKIP

As reported by Sky News, Nigel Farage, the leader of UKIP, stepped down from the leadership position, as he says that his main objective to get Britain out of the European Union (EU) has been accomplished.

Key Quotes:

"My aim in politics was to get Britain out of the European Union"

"That is what we voted for in that referendum two weeks ago, and that is why I now feel that I've done my bit, that I couldn't possibly achieve more"

"And so I feel it's right that I should now stand aside as leader of UKIP"

Meanwhile, the GBP/USD pair is seen attempting recovery from post-UK PMI lows and now trades around 1.3280 levels, up +0.08% on the day.