Rising UK cases lead to delay reopening
The UK has reported 7200 cases in each of the past two days — the highest since February.
A reopening delay has been speculated on for the past two weeks and now there are multiple reports that it will be pushed back until July 19.
Cable is near the session low at 1.4099 but that’s more likely due to the broad US dollar bid.
I wrote about some of the takeaways from rising delta variant cases yesterday.