Coronavirus: Major incident declared in Greater Manchester - BBC

The BBC has reported that a major incident has been declared by authorities in Greater Manchester following recent rises in coronavirus infection rates.

Greater Manchester Police (GMP) said the decision was taken to help agencies respond "as effectively as possible", including with extra resources.

People "should not be alarmed" by the news as it was "standard practice", Manchester City Council said.

Greater Manchester is one the areas subject to new lockdown measures.

The new restrictions announced on Thursday - that also apply in east Lancashire and parts of West Yorkshire - ban separate households from meeting each other at home.

Market implications

GBP is already toppy with the dollar overstretched on a positioning basis.

At a failed retest of structure opens risks for a deeper downside correction this week. 

Weekly chart