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Positive macroeconomic statistics from the UK

Positive macroeconomic statistics from the UK | 14 May 2021

14 May 2021, GBP/USD

Positive macroeconomic statistics from the UK

GBPUSD trading plan:

Online job adverts are on the rise in Britain, pushed up by the reopening of pubs and restaurants and other hospitality firms, and consumers are spending more money on dining out and on travel plans. Online job adverts hit 107% of their pre-pandemic February 2020 level on May 7, up by four percentage points from two weeks earlier, figures from jobs website Adzuna showed. Most sectors saw an increase in job ads with the biggest rise in hospitality, which has seen a 46 percentage-point leap in job ads since early April - before the sector reopened for outdoor customers.

Investment idea: buy 1.4045 and take profit 1.4110.

David Johnson
Analyst of «FreshForex» company
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