The cable is down nearly 200 pips from daily highs as the DUP (Democratic Unionist Party) rejects the Brexit deal. GBP/USD is now battling with the 1.2800 handle. GBP/USD daily chart The Sterling, on the daily time frame, is trading above its main daily simple moving averages (DSMAs). GBP/USD is retreating sharply from daily highs as the DUP (Democratic Unionist Party) rejects the Brexit deal. GBP/USD four-hour chart GBP/USD rejected the 1.3000 handle and is now back near the 1.2800 handle. The Sterling is trading above the main SMAs, suggesting bullish momentum. Buyers will need to reclaim the 1.2840 level to target again the 1.3000 handle. GBP/USD 30-minute chart GBP/USD is trading above the 100 and 200 SMAs, suggesting bullish momentum in the near term. Support is at the 1.2710 and 1.2666 price levels, according to the Technical Confluences Indicator. Additional key levels 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 EUR/USD: Under the influence of the Brexit effect? – Rabobank FX Street 4 years The cable is down nearly 200 pips from daily highs as the DUP (Democratic Unionist Party) rejects the Brexit deal. GBP/USD is now battling with the 1.2800 handle. GBP/USD daily chart The Sterling, on the daily time frame, is trading above its main daily simple moving averages (DSMAs). GBP/USD is retreating sharply from daily highs as the DUP (Democratic Unionist Party) rejects the Brexit deal. GBP/USD four-hour chart GBP/USD rejected the 1.3000 handle and is now back near the 1.2800 handle. The Sterling is trading above the main SMAs, suggesting bullish… 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.