I just got the alert that London is entering tier 2 of lockdown tomorrow and UK PM to make an announcement on London this morning. High volatility expected on the GBP today so heads up.
Technically speaking the downside for the Pound is still very much real. Let's take the GBP/USD. Yesterday's rally did take out weak shorts but we remain bearish below 1.30 and more so if price breaks the bear flag (green). Next key level for us is 1.27.
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