The quid might play nicely with the tech today
There's some headline risk for the pound while the Brexit bill debate gets discussed in Parliament but in the meantime GBPUSD has some nice levels to play with.
GBPUSD H4 chart
The H4 ma's are the main focus for today and we've been down and up between the 200 & 55 H4 ma's.
EURGBP is another one that could affect how cable reacts as we seem to have a 0.8500-0.8600 range over the this and Friday's session.
Looking at other pairs, USDJPY has a nice confluence of the 100 & 200 H4 ma's at 113.25/27. AUDUSD has had very close relationship with the 55 H4 ma going back to early Jan. Note the H1 ma's in EURUSD.
With the US shut today we should have a fairly quiet day and it's times like this when the technical levels can be a dream to trade, if you pick your levels.
As Mike noted again over the weekend, and as we both have recently, the parliament risk is not around the bill passing or failing and therefore having an effect on Brexit, it's more to do with each party getting their languages and slant in on the bill so they can go back to their supporters to say they did their bit.
