UK PM Johnson: The plan to reopen more parts of the economy can resume after the two week pause

Early Friday morning in Asia, UK Prime Minister (PM) Boris Johnson crossed wires as his office unveiled the details of lockdown changes in England from August 15.

Key quotes

The increase in COVID-19 infections appears to have leveled off.

To resume virus lockdown easing with theatres to reopen.

Fines will be increased for those repeatedly flouting face mask rules.

FX implications

Considering a dull timing for the UK and US currency traders, upbeat news for the GBP/USD pair couldn’t please the buyers. As a result, the pair remains pressured around 1.3060 while defying the latest recovery attempt from 1.3045.