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Dec 08 - 07:55 AM

GBP/USD - Drops To Dec Low On Word About New UK COVID Rules

By Rob Howard  —  Dec 08 - 05:54 AM
  • Cable falls to 1.3199 (Dec low) on reports new UK COVID rules imminent

  • FT-UK PM Johnson to introduce new restrictions to curb Omicron spread

  • UK could implement 'plan b' as early as Thursday - Times radio nL9N2OX00S

  • Reports come as Johnson faces backlash over Xmas lockdown party nL1N2ST0FF

  • Ladbrokes shortens odds for Johnson to be replaced as PM in 2022 to 7/4

  • 1.3195 (11-month low on Nov 30) and 1.3166 are GBP/USD support levels

GBPUSD Click here

Source:
Refinitiv IFR Research/Market Commentary

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