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'If the pound was a prize fighter the referee would have already rung the bell'

Sterling is continuing its disastrous run on Friday, down over 2% after a "flash crash" in early Asian trade. The pound sunk as much as 6% against the dollar overnight before recovering. But at about 10 a.m. BST (5.00 a.m. ET) it started slipping again and is now down over 2% against both the dollar and euro. Here's how the pound looks at 11.20 a.m. BST (6.20 a.m. ET):And here's how it looks against the euro:You can see that the pound is now lower against the euro than it was during last night's flash crash.
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