Price is piercing through support around 1.3147 and is looking to extend a drop towards the 1.3100 handle. With parliament failing to reach a majority in indicative votes yesterday, the fact that May laying out her resignation path and still not getting enough support for her deal leaves us nowhere near a solution to the Brexit saga.

Her fate now rests in the hands of the DUP and that will be a key focus point before we move towards a third meaningful vote tomorrow – potentially.

Bids and swing region support is seen around the 1.3100 handle with further support seen around 1.3080. For now, sellers remain in control of cable after having defended a test of the 100-hour MA (red line) earlier.