UK medical authorities have lowered the threat from COVID-19 from fourth to third in five. In a statement, doctors noted that due to the British social distancing and the effect that is observed from the vaccination program, the number of infections, deaths and hospitalizations have substantially decreased.

This is good news for the British currency, inasmuch as coronavirus restrictions can be expected to ease, which in turn will accelerate the recovery of the United Kingdom’s economy after the coronavirus crisis.

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