As the UK continues to roll out vaccinations, it is reported that the region is facing the worst weeks of the pandemic according to its chief medical officer. Logistics challenges in the rollout of the vaccine coupled with a new variant of the disease have been said to result in a challenging period in the race to regain some normality before the spring.
Tighter lockdown rules seem likely, which could have a detrimental effect on Sterling crosses. Adding to this, UK GDP for the three months up to November is due on Friday and is forecast at 3.4%, sizably lower than the previous three month period (June to August) of 10.2%
