6:42 PM · 5 January 2022

GBPUSD hits 8-week high following PM Johnson comments

GBP/USD
Forex
-
-

The British pound strengthened significantly during today's session after Prime Minister Johnson announced that there is no need to shut down the country again due to spread of the coronavirus. Also UK government decided to  ease travel restrictions for England which includes:

  •  Pre-departure tests scrapped
  •  Lateral flow test rather than PCR on day 2
  • Requirement to self-isolate scrapped

GBPUSD pair rose sharply during today's session and is currently testing major resistance zone at 1.3600 which is marked with previous price reactions and 23.6% Fibonacci retracement of the upward wave launched back in March 2020. Source: xStation5

10 October 2025, 6:52 PM

Daily Summary: U.S.-China Tensions Trigger the Sharpest Sell-Off Since “Liberation Day” ✂️

10 October 2025, 1:31 PM

BREAKING: USDCAD slips following Canadian employment data 📌

10 October 2025, 9:29 AM

ECB Not Gearing Up for Changes. Is EURUSD Undervalued?

10 October 2025, 7:04 AM

BREAKING: Norwegian CPI slightly higher than expected

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits