British pound jumps on media report May seals Brexit deals on financial services

British pound jumps on media report May seals Brexit deals on financial services
FILE PHOTO: British five pound banknotes.November 14, 2017. REUTERS/Benoit Tessier/File Photo Copyright Benoit Tessier(Reuters)
Copyright Benoit Tessier(Reuters)
By Reuters
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TOKYO (Reuters) - The British pound jumped as much as 0.5 percent against the dollar on Thursday following a report by the Times of London that UK Prime Minister Theresa May has struck a deal with Brussels on financial services.

The pound rose to as high as $1.2832 and last stood at $1.2822 <GBP=D4>, up 0.4 percent.

(Reporting by Hideyuki Sano; Editing by Sam Holmes)

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