The volatility of the GBP/USD has once more increased, as the UK Parliament is set to vote on the Brexit deal that Theresa May has agreed upon with the European Union.
Meanwhile, from a technical analysis perspective the currency exchange rate is expected to decline, as it has no technical support as low as the 1.2680 mark. At that level the lower trend line of a horizontal pattern is located at.
Although, traders can be sure that during the Parliament debate and the vote, the rate will ignore all technical indicators, as fundamental changes of this scale overpower everything.
