Markets are rising and the safe-haven dollar is down on hopes that President Trump may leave the hospital shortly.  President Donald Trump’s doctors said on Sunday that President Donald Trump’s  Commander-In-Chief is improving.

But the Doctors not involved in Trump’s treatment said they suspected his condition might be worse than Conley let on. As an overweight, elderly man, Trump is in a category that is more likely to develop severe complications from the disease. Trump has consistently downplayed the risks of the pandemic since it first emerged this year, and he has repeatedly flouted social-distancing guidelines meant to curb its spread.

At Walter Reed, Trump mounted a brief motorcade to wave to supporters gathered outside the hospital on Sunday. He also said he had been meeting with soldiers and first responders – drawing criticism that he might be exposing more Americans to infection. He was diagnosed with the disease shortly after appearing at a New Jersey fundraiser on Thursday.

Biden, 77, has tested negative for the disease several times since sharing a debate stage with Trump last Tuesday. He is due to resume in-person campaigning on Monday in Florida, where opinion polls show a tight race in a crucial battleground for the Nov. 3 election.

Trump also is pushing to install federal judge Amy Coney Barrett on the Supreme Court, which would lock in a conservative majority on the nation’s highest court for years to come. Several people present at the Sept. 26 White House ceremony where Trump nominated Barrett have tested positive for COVID-19 – including two Republican senators whose votes will be needed to confirm her to the high court.

On the other hand, there will no extension of the Brexit transition period beyond December 31, 2020, meaning that the European Union and the UK will have to strike a deal in just six months to avoid Britain crashing out of the bloc without one. Under the agreement of the deal, the UK had until June to extend the transition period.

The EU and UK supported plans “to intensify the talks in July and to create the most conducive conditions for concluding and ratifying a deal before the end of 2020,” leaders said in a statement.

GBP/USD 4 Hour Chart:

Support: 1.2865 (S1), 1.2793 (S2), 1.2748 (S3).

Resistance: 1.2982 (R1), 1.3026 (R2), 1.3098 (R3).

The Brexit optimism drives the market as of now. We expect a bullish trend for the Cable (GBP/USD).