23 Abril 2021, GBP/USD
GBPUSD trading plan:
The US Federal Reserve has published fresh statistics on the change in assets on the balance sheet. Assets increased by $27.8 billion over the past week. The rate of asset purchases quadrupled due to an increase in purchases of treasury and mortgage bonds. The indicator has renewed its historical maximum, and now the Fed's balance is $7.82 trillion. This is a negative signal for the US currency. Britain’s government borrowed 303.1 billion pounds in the financial year which ended last month, an increase of 246 billion pounds on the previous year as it resorted to a huge surge in spending and tax cuts to offset the economic hit from the COVID-19 pandemic. This is a negative signal for the British currency.
Investment idea: range 1.3820 -1.3920.