EU accepted a Brexit Withdrawl Agreement......>

CABLE: EU accepted a Brexit Withdrawl Agreement Sunday initially saw sterling

boosted by the news in thin pre Tokyo trade which spiked cable up to $1.2880.

However, market aware that there are many pitfalls to navigate. PM May will

discuss developments with her cabinet before she addresses Parliament. Projected

voting for this deal to pass seen stacked against, Fgn.Sec Hunt has suggested

that if the Govt fails to get the deal through it could cause the Govt to fall.

General Election, Second Referendum seen looming on the horizon. Early sterling

enthusiasm quickly faded and cable eased through Friday's low of $1.2799 to

$1.2796 before it managed to climb back to $1.2831 in early Europe. Rate has

since been knocked back to $1.2810 as market continues to take direction from

Brexit headlines. Support remains at $1.2795/90 ahead of $1.2775/70. Resistance

$1.2850 ahead of $1.2880/85.