GBPUSD rises ahead of the voting

3:06 PM 29 January 2019

The UK parliament will vote today on a series of amendments to the Brexit deal that was massively rejected earlier this month. The pound keeps gaining as there is a hope that a transition period could be extended and that would avoid a Hard Brexit scenario. The voting will start at 7pm GMT and could result in increased volatility on the GBPUSD currency pair. It is now approaching 1.32 with the key resistance zone between 1.32 and 1.33.

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