The Fed kept monetary policy | 28 يناير 2021

GBPUSD trading plan:

The U.S. Federal Reserve kept monetary policy unchanged as expected on Wednesday but did signal some concern about the pace of economic recovery, which some traders said is another negative factor. "The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved," Federal Reserve Jerome Powell said. This is a negative factor for the dollar. The oil market will provide additional support to the pound, as the assets are correlated with each other. Wednesday's data from the U.S. Energy Information Administration showed a draw of 9.910 million barrels for the week ended Jan. 22, against the 430,000-barrel draw in forecasts prepared by Bloomberg.

Investment idea: Buy 1.3650 and take profit 1.3725.