Sterling holds against dollar after British parliament vote

The British pound held against the dollar today, after the market absorbed the latest British Parliament's Brexit vote.

The European Union agreed on Monday on Britain's request to delay the Brexit deadline for another 3 months, until January 31. 

While the Prime Minister Boris Johnson called for early elections on December 12, in his attempts to implement the Brexit in time.

However, the the British parliament yesterday rejected by a majority to hold early elections, which leave Johnson with only one option, which is to renegotiate a new Brexit deal within the new deadline.

GBP/USD is still above its 240-hour SMA at 1.28827 and rose near 1.2904.

By 19:12 GMT, GBP/USD held at 1.286, with a session-high of 1.2905 and a low of 1.2804.