GBP/USD Technical Analysis: Cable back above 1.3400 as UK Members of Parliament vote on Lords amendments to the European Union withdrawal bill

  • GBP/USD regains the 1.3400 handle as Members of Parliament vote on Lords amendments to the European Union withdrawal bill. For more detals click here: Brexit: the 15 amendments in brief - TDS.
  • Brexit: likelihood of key amendments passing - TDS.
  • Brexit: FX market outlook & strategy looks to 0.8965 or 0.8700 - TDS.

GBP/USD 15-minute chart

Spot rate:               1.3408
Relative change:    0.23%     
High:                      1.3420
Low:                       1.3342

Trend:                    Neutral

Resistance 1:        1.3442 current Monday’s high  
Resistance 1:        1.3590 daily 200-period simple moving average
Resistance 2:        1.3700 figure


        
Support 1:             1.3344, daily 10-period SMA
Support 2:             1.3300 figure
Support 3:             1.3254 June 1 swing low

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The government has won the second vote to reject a Lords amendment relating to the sifting committee by a majority of 21, as reported by the Telegraph
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EUR/GBP: loses the 0.88 handle as UK MPs vote on Lords amendments to the EU withdrawal bill

EUR/GBP has just lost the 0.88 handle and has dumped from 0.8828 to the 100-hr SMA at 0.8994 on Brexit related noise. The UK won the first vote to ove
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