GBPUSD hits 8-week high following PM Johnson comments

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

24 April 2026, 3:58 PM

🔴Three markets to watch next week: all eyes on the Fed (24.04.2026)

24 April 2026, 3:46 PM

BREAKING: US Department of Justice Drops Probe Against Powell❗️Dollar slides along bond yields 📉

24 April 2026, 1:45 PM

Market Wrap: Indices try to recover on US-Iran negotiations hopes 🇪🇺 SAP surges 6% after earnings 📈

23 April 2026, 7:00 PM

Daily summary: Risk-off takes over 📉 US stocks plunge, while dollar and oil rebound sharply 💸

Forex

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