Corona virus summary:
here is evidence face coverings have a "weak but positive effect" in reducing transmission of the coronavirus, Downing Street has said.
A spokesman for Prime Minister Boris Johnsonsaid ministers are still considering what guidance to issue to the public during the COVID-19 lockdown.
"Ministers are still considering how we move forward with face coverings in terms of the precise advice which we give to the public and once that's ready we will announce it," he said.
"The advice we have received based on the science shows a weak but positive effect in reducing transmission of coronavirus from asymptomatic members of the public where social distancing isn't possible.
Technical analysis:
GBP has been trading upwards as I expected yesterday. Both our yesterday's target gor reached at the price of 1,2575 and 1,2643. Anyway, I still see posibility for the upside movement due to bull flag pattern in creation.
Trading recommendation:
Watch for potential buying opportunities on the dips with the upward targets at the price of 1,2573 and 1,2600.
Stochastic oscillator is on the down cycle.
Resistance levels are set at the price of 1,2573 and 1,2600.
