GBP/USD holding above December lows - For now.

  • GBP is finding support about the December lows, but with lockdown fears finding a bid, can it hold?

I'm a self-confessed GBP perma-bull, but I'm starting to doubt whether GBP/USD can continue to hold these December lows. Especially in light of the rising lockdown fears, which have been stoked by the news that the UK's Cabinet is set to meet at 14:00GMT

I dread to think how much lower we'd be if it wasn't for the BoE hike last week

Plenty of air below.

Watch out below

Best in 2026

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