The GBP lost steam on Tuesday as investors digested news about the dealtrade between the UK and Australia and delays in easing plans for thequarantine in the UK

Victor Camargo
06/15/2021

Bearish Cypher – GBPJPY – H4

The GBP lost steam on Tuesday as investors digested news about the dealtrade between the UK and Australia and delays in easing plans for thequarantine in the UK. The government said the deal will eliminate car tariffsBritish and Scotch whiskey, for example; and British farmers will be protected bya limit on tariff-free imports for 15 years. However, some official estimatessay the tariff waiver agreement could add just GBP 500m – or0.02% of GDP – to British economic output in the long run.

Check in: 07:59

Departure: 08:27

Result: 150 points

Source:https://wintrademarkets.com/

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