British Pound Forecast: Reopening Plan Capping EUR/GBP, Buoying GBP/USD 2021-02-23 07:30:00 Daniel Moss, Analyst British Pound, GBP/USD, EUR/GBP, UK Reopening, Covid-19 Vaccinations – Talking Points: Equity markets gained ground during APAC trade as stabilizing yields firmed market sentiment. The British Pound may continue to outperform on the back of Prime Minister Johnson’s reopening plan. GBP/USD guided higher by an Ascending Channel formation. EUR/GBP poised to extend losses after crashing through key support. Advertisement Asia-Pacific Recap Equity markets regained lost ground during Asia-Pacific trade, with risk appetite firming in the wake of stabilizing bond yields. Australia’s ASX 200 climbed 0.86% and Hong Kong’s Hang Seng Index surged 1.86%. Copper continued its surge to its highest levels since 2011, while crude oil prices crept towards $63 a barrel.