Johnson tackles a second wave of COVID-19 | 22 September 2020

22 September 2020, GBP/USD

Johnson tackles a second wave of COVID-19

GBPUSD trading plan:

Britain will face an exponentially growing death rate from COVID-19 within weeks unless urgent action is taken to halt a rapidly spreading second wave of the outbreak, the country's senior medics warned on Monday. The COVID-19 alert level has also moved from Level 3 to Level 4 after the data showed the number of cases was rising rapidly. Level 4 indicates that the virus is in general circulation and transmission is high or rising exponentially. All pubs, bars, restaurants and other hospitality venues across the whole of England must start closing at 10 p.m. from Thursday as Prime Minister Boris Johnson tackles a second wave of COVID-19 infections.

Trading recommendation: Sell 1.2795 and take profit 1.2760.

David Johnson
Analyst of «FreshForex» company
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