Breaking: GBP/USD collapses below 1.32 on contagious covid strain

GBP/USD has collapsed below 1.32, down some 320 pips on the day. The new covid strain circulating in London is causing a massive sell-off amid European travel bans and potential supply-chain issues ahead of Christmas.

UK Prime Minister has convened an emergency meeting of the Cobra cabinet to discuss the rapidly deteriorating situation.

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Dec 21, 2020

GBP/JPY Price Analysis: Challenges 3-month old ascending trend-line support, around 137.00 mark

The GBP/JPY cross opened with a bearish gap on the first day of a new trading week and continued losing ground through the first half of the European

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Dec 21, 2020

GBP/USD: New covid strain, a sterling's nightmare before Christmas – MUFG

The pound has weakened sharply following the release of further details about the new strain of COVID-19 that has been detected in England. The new co

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