Basically the dealing has more consequential blowback on GBP but EUR are also saying this is the best deal possible. Also if they’re going back to the draw board how do you restructure a better deal? That might be what I’m truly trying to wrap my head around, because I live in the states and it’s only so much information I can get. I honestly like to hear a personal sentiment like yours on it so I can get a more “down to earth” picture.
I think the clue is in this extract…
The British government don’t seem to want (lawmakers) and the public to know that Article 50 can be revoked. That’s why they fought this case so hard,” Joanna Cherry, a Scottish National Party lawmaker and one of the cross-party group of pro-EU politicians that brought the case told Reuters.
I’m not so deeply involved in following Brexit - I didn’t even vote! But I do like to follow the headlines, and this headline opens up yet another underdog situation. It will be fun to see how it plays out
Oh see I didn’t know that actually. That does actually leave a large space for a reversal/referendum. I’ll definitely be monitoring 12.11 isn’t too far away.
While Brexit news takes some time off and waiting for the critical date on 10th December, GBP/Usd has recovered some ground and consolidating higher ground which just below 1.2800 handles.
Article 50 can be revoked but whether it will be is another matter altogether. I’d love to see how this currencypair would react if this happens.
Agreed, the volatility would erupt - one reason why i’m so keen to see it happen, the trading opportunities will be potentially huge. 
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Well, we’ve entered the sell area, just need a final squeeze higher and I’ll trigger the short…
And we’re in - lets see how this plays out
A nice reaction 4H candle forming - just like clockwork. TP at 1.2720 for c.+100pips
The pair continues under pressure and downside potential increase when the pair break below support level around 1.2720 handles.
Seems too obvious now that you say it…
Brexit uncertainties have weighed in on GBP/Usd, the pair has extended its consolidation movement to the lower ground, mid 1.2700’s. While the pair remains bearish, the downside seems capped to 1.2700 level.
Cable is moving into the 4th week where we have seen respect of the downward trend line (white dotted)
Looks like we have a solid double bottom also at 1.2720 - a key level to watch out for, if this breaks lower then I can see it being rather fast paced; targeting potential 1.2600
The pair is consolidating sideways and there likely won’t be a breakout below 1.2740 before Monday.
Leaving this short open over the weekend, a safe bet with an option bet on the counter locking in a maximum loss at break even - realistically can’t see price gapping to the upside by 80 pips. Last trade for the year, I guess it was wishful thinking to get out of this by Friday close. At one point today we were 12 pips away from the TP 
Targeting the same, for weeks now haha. I remember when I talked to @Falstaff about this too. Will close soon though so we’ll see.
Where we gettin’ 1.2600 lads ?
I’m seeing 1.2663 (ish) - and ok lets allow 15 or so for the Brokers’ mates to bust some stops - so perhaps 1.2648 ?
Although looking at this ;
It’s a bit wierd to see where those two lines cross - Time wise that is ! (Probably just the way I drew them - with some psychological bias perhaps ?)
On the longer term front tho’ from the technicals there doesn’t seem to be a great lot fo optimism either ;
As to the Fundamentals 
If that ******* woman gets her way (She voted Remain - remember) - We shall end up in the divorce analogy - Payng maintenance to this abusive bride and support for non-existent kids whilst having to Obey - ridiculoiusly onerous restraint orders and wearing a tracker !
When we voted “OUT” There was no talk of “Deals” and “Agreements” - We voted to move out and live separately.
Anyone who has ever been through a divorce knows damned well the pain and anger of “Splitting up” - the lawyers, the courts, - Then a few years later we think "I don’t know why that all had to be so bad ! What was the problem ?
If you have ever lost interest in a hobby and wandered off from a social group or changed school, you will know how the “Old group” feel Rejected and go off in a sulky dislike of you !
That is what this is - THEY want to punish us for wanting to leave their little “TRIBE” - and SHE is taking THEM SERIOUSLY !
DUMB !
From a charting point of view I’d certainly say it’s the most significant level which currently remains below price. Lets see what next week brings to the table.
Gotcha You’fe assuming the double bottom will not take place.
Well, my target is at the short term double bottom, so around 1.2720 - I don’t have the balls to hold any deeper 
But, I’d like to see 1.26 tested, I don’t see why not given the negative bias in the GBP. Who knows just how deep in fact.
I already closed my short position, if it breaks out below the double bottom next week I will open a new one.
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Closed out at TP - last trade of the year.
Catch you on the other side. 
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