New monetary policy | 28 Agosto 2020

28 Agosto 2020, GBP/USD

New monetary policy

GBPUSD trading plan:

Fed officials have said in the past few weeks that economic growth will be subdued as the COVID-19 pandemic will negatively impact consumer spending. D. Powell noted that inflation in the United States has rarely exceeded 2% in the past two decades, so the Fed will not worry and take action if inflation rises above this level for several months. Keeping the Fed rates low for a long time will contribute to the continuation of the upward trend in this currency pair.

Trading recommendation: Buy 1.3280 and take profit 1.3337.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.