Big day for those of you who are itching to get back into the gym, pub or both!
GBP
So relatively quick and easy. If Boris keeps us locked up longer than we anticipate (beyond the end of April) then GBP will weaken. If the lockdown exit is positive and clear, then expect the positive rally to continue. Probably worth turning the news on tonight!
EUR & USD
Very much treading water at the moment. Biden has stipulated over the weekend that he is keen to cement a solid trading relationship with the UK, however we cannot see any positive strides being made until Q2. GBPUSD and GBPEUR are still holding out around 3 year highs…
Have a good Monday all.