British pound's 6 percent "flash crash" baffles traders

HONG KONG - The beleaguered British pound has plummeted briefly to a fresh 31-year low amid intensifying concerns about Britain's exit from the European Union.The pound tumbled nearly 6 percent in early Asian trading Friday, falling as low as $1.1789, according to FactSet data.The British currency, which had been trading at around $1.26 the day before, recovered minutes later. It was recently trading around $1.24.Market watchers were baffled by the pound's "flash crash."Some attributed it to a t