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Hold on tight - EUR and GBP - Brexit volitility set to spike with crucial uk house of commons vote


Today 15th January 2019 at approximately 19:00 UK time voting will begin on Prime Minister Theresa May's much maligned Brexit deal.

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GBPUSD - Breaks Through Support at 1.27 as Brexit Future Unknown


In the last 24 hours the GBPUSD has fallen sharply to its lowest levels in almost two years as the strong support at 1.27 has given way to immense selling pressure. In the last week the sterling was again enjoying much needed support from this level as it had firmly established as a key support level as the currency pair had enjoyed considerable support from this level on several occasions in the last few months. As has been stated several times in the last few weeks, should the GBPUSD drop through the support at this level, then it could fall considerably further with no obvious support levels nearby.
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