GBPUSD at hourly resistance

The GBP has strengthened on the back of positive Brexit news which has been leaking out all morning. Now the UK cabinet is to expect backstop text to be completed today.

From here the detail becomes very important. The million dollar question is, "Will this get through the UK parliament?' That issue is in keen focus right now.

GBPUSD testing 100 and 200 EMA. Get above these and more upside is ahead.