UK: Lawmakers reject motion to seize parliamentary time to prevent no-deal Brexit, GBP/USD drops below 1.27

British lawmakers have rejected the motion to seize parliamentary time to try and prevent a no-deal Brexit, with the initial reaction, the GBP/USD pair came under a strong bearish pressure and slumped below the 1.27 mark. As of writing, the pair was down 0.2% on the day at 1.2695.