The United States will publish ISM manufacturing PMI on April 1, at 17:00 MT time.
The GBP gains on the announcement of the next Prime Minister
Information is not investment advice
Earlier, than it was expected: Boris Johnson is announced a new prime minister of Great Britain. He won 92,153 votes among the members of the Conservative party.🇬🇧 The British pound gained after the announcement. At the moment the cable is testing the resistance at 1.2475 on H4. The next resistance lies at 1.2495. Bears need to pull GBP/USD below the 1.2449 level towards the support at 1.2422 to restore their movement.
Canada will publish the monthly GDP growth on Tuesday, at 15:30 MT time.
The British pound has increased in value over the course of the past week in line with an ongoing improvement in investor sentiment.
The country has come through the worst and is recovering now.
Moody’s downgraded the country to ‘junk’ status on Friday.
The US economy has been hit hard by the coronavirus outbreak.