GBP/USD: Sterling rose, reversing some of its previous session losses, as the parliament will vote later in the day on whether to leave the EU with no deal, and if that fails, a further vote on Thursday will decide whether to extend the Brexit deadline. On Tuesday, the British Parliament rejected Prime Minister Theresa May’s deal to exit the European Union for a second time. The major traded 0.2 percent up at 1.3092, having hit a low of 1.2960 on Monday; it’s lowest since Feb.19. Immediate resistance is located at 1.3170 (Mar. 11 High), a break above could take it near 1.3254 (Mar. 4 High). On the downside, support is seen at 1.3026 (Feb. 21 Low), a break below targets 1.2989 (Mar. 11 Low).
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