LIVE: Parliament opposes PM Johnson’s program motion, Sterling falls

UK MPs supported the Withdrawal Act Bill but voted against PM Johnson’s program motion that would have forced them to debate the deal in three days, in order to take the UK out of the EU by month-end. The government may call for an election, GBP/USD below 1.2900. Live.



GBP/USD losses 1.2900 as Parliament says “NO”

The UK Parliament has rejected PM Johnson’s time table, lifting odds of an upcoming election in the kingdom. Volatile trading ahead of more clarity as the drama continues.


EUR/USD at daily lows, dragged by Sterling

Turmoil around Brexit and the absence of any other relevant catalyst weighs on the common currency, EUR/USD battling with 1.1120.


Gold erases daily gains, eyes $1480

Gold failed to hold to gains and pulled back, approaching again the $1480 area.

Gold News

Jose Blasco Course

Bitcoin Flat, Cryptocurrencies on a Positive Tone

Cryptocurrencies were slightly positive during the last 24 hours, except for Bitcoin, who failed to cross the $8,300 level and created a large candle down to $8.150, tho, then, move back to the $8,200 range. 

More Bitcoin News

Ripple price analysis: XRP/USD grinds to a halt ahead triangle breakout

Ripple performance in October has been relatively better compared to other major digital currencies. The world’s third-largest crypto is stepped above $0.30 last week but failed in sustaining gains towards $0.31.

More Ripple News

Ethereum market update: ETH/USD slips back inside the range, $180.00 still out of reach

ETH/USD hit $178.28 on Monday and retreated to $174.57 by press time. The second-largest coin is moving inside a tight range amid slow trading activity in sync with the market. 

More Ethereum News

NEO price analysis: NEO/USD on recovery track, still below critical resistance of $7.80

NEO, currently the 21st largest coin with the total market value of $527 million, has gained about 1.7% in recent 24 hours to trade at $7.5 at the time of writing. Since the beginning of Tuesday, NEO/USD has gained about 1%.

More NEO News

Euro Waiting on Brexit, ECB Meeting, and PMIs

Brexit, Parliament and Sterling and the vote to leave the EU

USD/JPY poised for sharp move as rates test key level

AUD/USD: Reversal

Valeria Bednarik

Mario Draghi will preside his last monetary policy meeting next Thursday

The EUR/USD pair has reached a fresh seven-week high of 1.1152 this Friday, amid a better perception of risk factors fueling demand for high-yielding assets in detriment of the greenback. The initial catalyst for the pair’s rally was the announcement that the United Kingdom and the European Union made an accord on the UK’s departure from the Union.

Yohay Elam

GBP/USD is trading around 1.30 and awaiting a critical vote on Brexit in the UK parliament. The technical battle lines are drawn.

The Technical Confluences Indicator is showing that initial resistance awaits at 1.2994, which is the convergence of the previous 4h-high, the previous weekly high, the Simple Moving Average 5-15m, and the Bollinger Band 15min-Upper.

The next cap is 1.3027, which is the meeting point of the Pivot Point one-day Resistance 1 and the BB 4h-Upper.

GBP/USD's upside target is 1.3142, which is where the Pivot Point one-week Resistance 1 meets the price.

Support awaits at 1.2906, which is the confluence of the BB 4h-Middle and the PP one-month Resistance 2.

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