Mayor of London Sadiq Khan said that urgent action is needed to avoid a Tier 3 lockdown in London. His words come as the capital, Sussex and Kent have reported an increase in COVID-19 cases, prompting a potential tightening of restrictions on Wednesday. GBP/USD has extended its falls in response, hitting a new low of 1.3177. The currency pair is at its lowest levels since November 18. It earlier dropped in response to Brexit headlines. European Commission President Ursula von der Leyen told EU leaders that the probability of a no-deal exit is more likely than reaching an accord. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD Price Analysis: Plummets to fresh multi-week lows, risks breaking channel support FX Street 2 years Mayor of London Sadiq Khan said that urgent action is needed to avoid a Tier 3 lockdown in London. His words come as the capital, Sussex and Kent have reported an increase in COVID-19 cases, prompting a potential tightening of restrictions on Wednesday. GBP/USD has extended its falls in response, hitting a new low of 1.3177. The currency pair is at its lowest levels since November 18. It earlier dropped in response to Brexit headlines. European Commission President Ursula von der Leyen told EU leaders that the probability of a no-deal exit is more likely than reaching an accord. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.