Positive macroeconomic statistics from the UK | 19 ديسمبر 2019

GBPUSD trading plan:

We are expecting the development of ascending trend. Consumer prices rose at an annual rate of 1.5% for a second month running in November, the Office for National Statistics said. The ONS said price rises for chocolate, concert tickets and package holidays were offset by falling hotel costs and a much smaller increase in cigarette prices compared with a year ago after a tax increase. A measure of core inflation, which excludes energy, fuel, alcohol and tobacco, held at 1.7% in November, as expected. This is a positive signal for the Bank of England, which will not change monetary policy today.

Trading recommendation: Buy 1.3095 and take profit 1.3145.

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