GBP/USD in high spirits as Brexit talks reach a critical stage

The GBP/USD rallied as the number of coronavirus infections started to fall and as the market speculated on a potential deal between the UK and the EU. The pair rose to a high of 1.2930, which is higher than last week’s low of 1.2670. UK coronavirus cases start to fall Last week, the British pound was among the worst-performing currencies in the developing world as investors started to worry about the new wave of the virus. These concerns were amplified when the government announced plans to circuit-break the pandemic. In a statement, Boris Johnson announced measures like the closing of