British Pound Outlook: GBP May Rise as Covid-19 Cases Begin to Fall 2021-01-19 07:30:00 Daniel Moss, Analyst British Pound, Coronavirus Infections, Vaccination Rates, GPB/USD, GBP/JPY – Talking Points: Equity markets broadly gained during APAC trade as risk appetite notably firmed. The marked drop in coronavirus infections in the UK may underpin the British Pound in the near term. GBP/USD and GBP/JPY rates eyeing a push to retest their respective January highs. Advertisement Asia-Pacific Recap Risk appetite markedly firmed during Asia-Pacific trade as investors key in on President-elect Joe Biden’s inauguration and the Senate hearing for Treasury Secretary nominee Janet Yellen. Australia’s ASX 200 soared 1.19% alongside Japan’s Nikkei 225 and Hong Kong’s Hang Seng index, climbing 1.39% and 1.75% respectively.