The GBPUSD sits below MAs above and 200 day MA (low) below

Vote ongoing

As the vote is being taken, the GBPUSD sits below the 100 and 200 hour MAs above (up to 1.3154) but above the 200 day MA below (at 1.2986). THe low for the week reached 1.29595 yesterday before the short squeeze higher.

PM May is expected to lose the vote on her latest proposal There is speculation on defeat she looks to invoke an extension of Article 50 drop dead date (March 29). That may keep the pair contained (on hope there is still a solution found).