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Positive macroeconomic statistics from the UK

Positive macroeconomic statistics from the UK | 30 December 2020

30 December 2020, GBP/USD

Positive macroeconomic statistics from the UK

GBPUSD trading plan:

British house prices rose faster than expected in December to record their biggest annual increase in six years, as tax incentives and COVID-driven appetite for larger homes continued to boost demand, mortgage lender Nationwide said. House prices rose by 0.8% in December alone, barely slowing from the 0.9% recorded in November, and were 7.3% higher than a year earlier. Demand for detached homes had raised most, with an average rise of just over 8% in the past 12 months, while prices for flats had risen by 4%.

Investment idea: Buy 1.3550 and take profit 1.3600.

David Johnson
Analyst of «FreshForex» company
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