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Jumped to $1.3119 as the Brady amendment......>

CABLE
MNI (London)
CABLE: Jumped to $1.3119 as the Brady amendment passed (317-301) which in effect
sends PM May to Brussels to renegotiate the Withdrawl Agreement, and to replace
the current Ireland Backstop. Not easy as EU have already said it cannot be
renegotiated, but at least the UK will be able to show what they do want which
the EU has been asking for. React gains prove short lived as rate drops back to
extend the intraday base to challenge reported support at $1.3062. A break and
clear below here to expose the $1.3014/12 area. Resistance now seen at $1.3100
ahead of $1.3120. 
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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