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GBP/USD price extend gains to trade above $1.25 again

By: Invezz
UK government Venture Capital

GBP/USD price has continued its rally today to trade above the $1.25 again as the buyers now eye a trip towards the $1.26 handle. In the meantime, PM Johnson has reiterated that the furlough scheme won’t be extended beyond October.  Fundamental analysis: No extension of the furlough scheme planned The UK Prime Minister, Boris Johnson, issued a “very blunt” warning to the Brits saying that the current furlough scheme won’t be extended beyond October. The program, which has protected over 9 million jobs in the past few months, has already been extended once.  “I’ve got to be very, very blunt

The post GBP/USD price extend gains to trade above $1.25 again appeared first on Invezz.

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