The first debate in the British Parliament came and went and perhaps the correction in GBP/USD followed.
Cable is hanging around 1.22 after a roller-coaster. The pair had already dipped to the 1.20 handle before climbing back up, but now it’s down.
With a dollar-positive outcome from the meeting minutes and ongoing worries about Brexit, there’s room for further fall.
GBP/USD – Is the correction over?
![](https://investinearth.org/wp-content/uploads/2016/10/GBPUSD-technical-analysis-October-13-2016-1.png)