UK PM Johnson planning to postpone June 21 lockdown lift – The Sun

FX

British Prime Minister Boris Johnson is planning to delay the lockdown lift to July 19, which was originally scheduled to take place on June 21, to July 19 amid rising cases of the coronavirus Delta variant, The Sun reported on Friday.

According to the news outlet, the UK will have a two-week review and could drop restrictions on July 5 if hospitalizations remain low.

Market reaction

The GBP/USD pair edged modestly lower after this headline and was last seen losing 0.53% on the day at 1.4058.

Articles You May Like

Dollar to Pause for Consolidation After Failing to Break Euro Resistance Post-Fed
GBP/JPY remains on the back foot below 197.00 amid intervention fears
Australian Dollar trades lower as RBA minutes draw attention
Gold climbs after soft US inflation data; still set for weekly loss
EUR/USD Price Analysis: Slight end-of-week rebound fails to break key resistance

Leave a Reply

Your email address will not be published. Required fields are marked *