The pound ended last week in a firm position against the euro and reaching a one week high against the dollar, and it remains stronger this morning. This comes amidst an ongoing improvement in global markets and news that the Prime Minister is making a good recovery after leaving ICU.
This week, ministers will reportedly review lockdown rules, either to ‘enhance or change’ what has been put in place. It’s thought that there won’t be many changes to the restrictions, if any, as we have not yet reached the peak of the disease.
This week is light on data for the UK, so the pound may continue to be driven by global markets and government news.
