Despite the concerns about the Indian variant, the UK covid Vaccines Minister Nadhim Zahawi said on Friday, he thinks the roadmap for reopening will stay in place and that the vaccines are delivering.

“There are concerns in some areas of the UK about the Indian variant, where infection rates are rising. “

“We have no evidence that this new variant is more severe on people or escapes vaccines. “

“We can flex the vaccine rollout to deal with this new variant.”

GBP/USD is challenging daily highs near 1.4065, as the US dollar eases ahead of key economic releases while the pound shrugs off the renewed Brexit concerns. The spot is up 0.11% on the day.


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Read More