Cable is prolonging the breach of the 1.3100 support. The Sterling remains under pressure on Brexit woes. Cable will stay vigilant on EU withdrawal bill vote due later. The British Pound remains under pressure on Wednesday and is dragging GBP/USD to the area of 1.3160, where it is looking to consolidate ahead of a key vote in the UK Parliament. GBP/USD weaker on Brexit woes Cable is down for the third session in a row today, prolonging the recent break below the critical support at 1.3200 the figure and paving the way at the same time for a potential visit to the 1.3040 region, or November 2017 lows. GBP remains under heavy selling pressure this week amidst USD-strength, a recent pick up in Brexit concerns and persistent uncertainty around May’s government. In fact, the US Dollar is hovering over the area of 11-month peaks beyond the 95.00 milestone against the backdrop of rising effervescence on the US-China trade front. In the same line, GBP is suffering the lack of progress in the Brexit negotiations, while unease is growing among investors ahead of the key vote on the EU withdrawal bill in the UK Parliament, due later in the day. GBP/USD levels to consider As of writing, the pair is retreating 0.17% at 1.3153 and a break below 1.3100 (psychological level) would expose 1.3039 (monthly low Nov.3 2017) and finally 1.3027 (monthly low Oct.6 2017). On the upside, the next resistance emerges at 1.3205 (low May 29) seconded by 1.3308 (10-day sma) and then 1.3320 (21-day sma). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZ: Further moderation in growth – Westpac FX Street 5 years Cable is prolonging the breach of the 1.3100 support. The Sterling remains under pressure on Brexit woes. Cable will stay vigilant on EU withdrawal bill vote due later. The British Pound remains under pressure on Wednesday and is dragging GBP/USD to the area of 1.3160, where it is looking to consolidate ahead of a key vote in the UK Parliament. GBP/USD weaker on Brexit woes Cable is down for the third session in a row today, prolonging the recent break below the critical support at 1.3200 the figure and paving the way at the same time for a potential visit… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.