GBP/USD rises modestly after UK Parliament rejects May’s Brexit deal

UK Parliament rejects again May’s Brexit plan.
Pound remains steady across the board, consolidating daily losses.
PM Theresa May delivers a statement.

Matías Salord FXStreet

The GBP/USD pair remained in a range between 1.3060 and 1.3080 with a bullish following the vote at the UK Parliament that rejected May’s Brexit deal 391 to 242. (The previous defeat was 432 to 202).

With May’s plan rejected, a vote about leaving the UE without a deal will take place tomorrow and if not approved, on Thursday the Parliament will decide on a Brexit extension.

Markets remain quiet after the vote. As of writing PM May is delivering a statement at the Parliament.

GBP/USD

Overview:
    Today Last Price: 1.3084
    Today Daily change: -0.0068 pips
    Today Daily change %: -0.52%
    Today Daily Open: 1.3152
Trends:
    Daily SMA20: 1.3073
    Daily SMA50: 1.298
    Daily SMA100: 1.2884
    Daily SMA200: 1.2986
Levels:
    Previous Daily High: 1.3171
    Previous Daily Low: 1.296
    Previous Weekly High: 1.3269
    Previous Weekly Low: 1.299
    Previous Monthly High: 1.3351
    Previous Monthly Low: 1.2773
    Daily Fibonacci 38.2%: 1.309
    Daily Fibonacci 61.8%: 1.3041
    Daily Pivot Point S1: 1.3018
    Daily Pivot Point S2: 1.2884
    Daily Pivot Point S3: 1.2807
    Daily Pivot Point R1: 1.3229
    Daily Pivot Point R2: 1.3305
    Daily Pivot Point R3: 1.344

Author

Matías Salord

FXStreet

Matías started in financial markets in 2008, after graduating in Economics. He was trained in chart analysis and then became an educator. He also studied Journalism. He started writing analyses for specialized websites before joining FXStreet.

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