GBP/USD surges 100 pips

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Source: Dukascopy Bank SA
On Wednesday, the GBP/USD currency exchange rate surged by 100 pips in less than an hour and a half.

In the news flows there was the announcement of an upcoming coronavirus scientist press conference together with the UK Prime Minister Boris Johnson. In addition there was published information that the Chief Officer of the House of Commons, Lindsay Hoyle had scolded Johnson for making rules in a "totally unsatisfactory" way. 

It was assumed that the markets expected positive news from the press conference and began to buy the Pound.
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Thu, 01 Oct 2020 09:29:18 GMT

GBP/USD trade news cause sharp drop

On Thursday morning, the GBP/USD currency exchange rate dropped by 126 base points or 0.97%. 

Tue, 29 Sep 2020 14:57:04 GMT

GBP/USD Volatility Increases

On Tuesday, at 14:25 GMT, the Prime Minister of the United Kingdom caused an increase of volatility of 70 base points. The Prime Minister corrected his Monday's statements about increasing lockdown measures in the United Kingdom. 

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