FX

UK PM Johnson planning to postpone June 21 lockdown lift – The Sun

British Prime Minister Boris Johnson is planning to delay the lockdown lift to July 19, which was originally scheduled to take place on June 21, to July 19 amid rising cases of the coronavirus Delta variant, The Sun reported on Friday.

According to the news outlet, the UK will have a two-week review and could drop restrictions on July 5 if hospitalizations remain low.

Market reaction

The GBP/USD pair edged modestly lower after this headline and was last seen losing 0.53% on the day at 1.4058.

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