Early Friday morning in Asia, the Financial Times (FT) came out with the news that a group of scientists advising the UK government have proposed a two-week national lockdown in October while citing the recent run-up in the coronavirus (COVID-19) numbers. Key quotes Experts on the government’s Scientific Advisory Group for Emergencies (Sage) and the Scientific Pandemic Influenza Group on Modelling (Spi-m) have suggested a national lockdown that could coincide with the October school half-term. The move highlights how Boris Johnson might come under increasing pressure to introduce a second national lockdown, even though he has said he is strongly against such a measure. The government is keen to avoid the reclosure of schools, having shut them during the national lockdown in March and only fully reopening them this autumn. That helps to explain why the government’s scientific advisers have looked at how a two-week national lockdown might coincide with the October half- term as part of efforts to bring Covid-19 under control. As schools will be closed for one week at half-term, adding an extra week to that will have a limited impact on education. Market implications Although the UK Prime Minister Boris Johnson has already turned down any scope of recalling the national lockdown, the recently rising news cases, above 4,000 latest, coupled with the scientific trick to avail one-week holidays, may push the Tory leader to respect the advice. While GBP/USD is yet to respond to the news, currently around 1.2973, sellers remain hopeful of further downside if the government sources give any more details. 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 AUD/JPY Price Analysis: 50-hour EMA probes recovery moves inside short-term falling channel FX Street 2 years Early Friday morning in Asia, the Financial Times (FT) came out with the news that a group of scientists advising the UK government have proposed a two-week national lockdown in October while citing the recent run-up in the coronavirus (COVID-19) numbers. Key quotes Experts on the government’s Scientific Advisory Group for Emergencies (Sage) and the Scientific Pandemic Influenza Group on Modelling (Spi-m) have suggested a national lockdown that could coincide with the October school half-term. The move highlights how Boris Johnson might come under increasing pressure to introduce a second national lockdown, even though he has said he is strongly… 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.