The British Pound has taken another hit following British lawmakers’ rejection of Prime Minister Boris Johnson’s latest attempt at a Brexit deal.

After the Pound rallied more than 8% in early September, currency strategists warned that only a victory for the government would allow the Pound to make further gains. Of course, if you’ve been following British politics for the last few years, it’s no surprise that the government hasn’t been able to secure any meaningful legislation surrounding Brexit. Following this most recent defeat in British Parliament, the Pound slid 0.8% against the American Dollar before recovering shortly after. The Pound’s dip was contained when the government won an initial vote on the deal proposed by Johnson. Johnson has also opened the door to a potential extension of the current October 31st deadline. Johnson had previously threatened to scrap the deal if lawmakers had declined his plan.

The British Parliament’s most recent setback has made it nearly impossible for them to push Johnson’s deal through before the current Brexit deadline, which is just a week away. There are many fears that the markets will find this to be a particularly spooky Halloween in the UK. Should the UK exit the EU without a deal, several critical British industries are expected to take a hard hit, along with the Pound. The financial services, auto manufacturing, and import-export sectors are expected to be among the hardest hit.