The Fed is widely expected to make few changes | 16 مارس 2021
16 مارس 2021, GBP/USD
GBPUSD trading plan:
The Fed is widely expected to make few changes to its current monetary policy. However, investor concerns about runaway inflation continue to grow, fueled by the global COVID-19 vaccine rollout, a $1.9 trillion stimulus package in the U.S., and optimism for a faster-than-expected global recovery from COVID-19. The benchmark ten-year Treasury yield was last at 1.61%, after climbing to 1.64% at the end of the previous week. British currency essentially marking time ahead of the FOMC meeting, which is keeping investors a little bit cautious.
Investment idea: range 1.3850 -1.3950.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
