With the Good Friday off in major global markets, GBP/USD remains modestly changed around 1.2465 during the early day moves. In doing so, the pair seems to cheer the UK PM Johnson’s exit from the Intensive Care Unit (ICU) amid a lack of major data/catalysts ahead of the US Consumer Price Index (CPI) figures. During late-Thursday in the UK, the Tory leader was shifted from the ICU but kept in the hospital. No 10 said he “has been moved this evening from intensive care back to the ward, where he will receive close monitoring during the early phase of his recovery,” as per the BBC. On the broader scale, Reuters said that total UK hospital deaths from COVID-19 rose by 881 to 7,978 as of 1600 GMT on April 8, the government said on Thursday. […] Given the lack of major data/catalysts ahead of the US data, investors may search for the coronavirus updates for intermediate direction.
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