GBPUSD rejecting it's 1 hour 100 and 200 EMA
Like many others, the GBPUSD is not buying the Brexit deal text. The focus is now on Parliament and whether they vote to accept the deal or not. Price is not holding out much hope for that right now. We are brewing up for some fireworks here tomorrow on the GBP.
The 1.3000 level has been rejected and with price falling below the 100 and 200 EMA's on the hourly chart more downside is expected from here as long as price remains below.
