UK PM Johnson to make statement on Monday about covid reopening
|The UK Prime Minister Boris Johnson will hold a press conference later on Monday on covid reopening, the country’s Junior Minister Nadine Dorries said, per Reuters.
PM Johnson is expected to make a statement about how the country will move into the next phase of reopening from the COVID-19 lockdown.
With about a third of the UK’s adult population fully vaccinated and a continued drop in new infections, the economic recovery appears on a solid footing.
GBP/USD reaction
The next phase of covid reopening in the UK is likely to further boost the sentiment around the pound.
GBP/USD rallies 0.69% on a daily basis, sitting at the highest levels in three months near 1.4070 amid encouraging outcome of the UK local election.
Read: GBP/USD looks set for a smooth ride towards 1.4140 – Confluence Detector
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