GBP/USD trades near the 1.32 handle
May’s new approach (a cross-party compromise) is proceeding to fuel further gains in the Sterling with the GBPUSD pair presently increasing to a high of 1.3185 on the day. Resistance is at 1.3210 and 1.3260. Support is at 1.3110.
Meanwhile, centrist MPs keep pushing a bill that would constrain the government to look for a long extension and preclude a no-deal Brexit. The present default alternative is that the UK leaves the EU on April twelfth.