Despite warnings from the UK’s Office for Budget Responsibility, the Prime Minister (PM) Boris Johnson pledged an additional £1.8bn for the National Health Service (NHS), as reported by the Sky News. The news report also quoted the PM while saying that the funding is due to Britain’s “strong economic performance”. The money will mean roughly £3.5m per week this year and will be added to Theresa May’s promised £33.9bn annual increase by 2023/24, the new piece mentions. FX implications While the GBP/USD pair is already bearing the burden of increased odds for a no-deal Brexit, such news/updates can weigh additional downside pressure on the cable. 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 remains under pressure as Brexit uncertainty looms ahead of UK services PMI FX Street 4 years Despite warnings from the UK's Office for Budget Responsibility, the Prime Minister (PM) Boris Johnson pledged an additional £1.8bn for the National Health Service (NHS), as reported by the Sky News. The news report also quoted the PM while saying that the funding is due to Britain's "strong economic performance". The money will mean roughly £3.5m per week this year and will be added to Theresa May's promised £33.9bn annual increase by 2023/24, the new piece mentions. FX implications While the GBP/USD pair is already bearing the burden of increased odds for a no-deal Brexit, such news/updates can weigh additional… 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.
