News Snapshot:
Pound (GBP) Slides on UK Lockdown Lifting The Pound (GBP) struggled through yesterday’s session, as the UK’s ‘freedom day’ was marred by surging coronavirus cases and staff shortages due to workers isolating. With UK daily cases soaring in recent weeks and warnings from the scientific community over the potential for new variants, the UK’s lifting of most lockdown measures weighed on the Pound, rather than supporting it. In the absence of any UK data today, domestic coronavirus news will likely dominate GBP exchange rates. Will the government’s gamble pay off or will rising cases continue to spook GBP investors ?...
