📈Pound gains after Johnson comments❗

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The British pound rose sharply following comments from Prime Minister Boris Johnson boosted hopes for an economic recovery. PM announced that everyone in England will be able to take a COVID-19 test twice a week in a new drive to track the pandemic as the country slowly reopens from a strict four-month lockdown. Meantime rapid vaccine rollout will continue. Markets are hoping for additional information whether retail, outdoor hospitality and hairdressers can reopen on April 12th in England.

GBPUSD - early in the session Pound bounced off the 50 SMA ( green line) and broke above the major resistance support at 1.3850 following Johnsons comments. If the current sentiment prevails upward move may be extended to the 1.39 level. Source: xStation5

20 March 2026, 6:55 PM

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20 March 2026, 5:29 PM

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20 March 2026, 8:57 AM

Chart of the Day: EURUSD Under Pressure from the Fed, the Persian Gulf, and Inflation

19 March 2026, 6:54 PM

EURUSD gains 0.8% 📈

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