Negative macroeconomic statistics from the United States | 29 Julio 2021

29 Julio 2021, GBP/USD

Negative macroeconomic statistics from the United States

GBPUSD trading plan:

The goods trade deficit increased 3.5% to $91.2 billion last month, the Commerce Department said. Imports of goods advanced 1.5% to $236.7 billion. There were increases in imports of food, industrial supplies and capital goods. Spending during the pandemic shifted to goods from services, with Americans cooped up at home. With nearly half of the United States population fully vaccinated against the COVID-19, demand for services is picking up. The U.S. economy has rebounded more quickly from the pandemic compared to its global rivals, thanks to massive fiscal stimulus, low interest rates.

Investment idea: buy 1.3920 and take profit 1.3970.


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.
David Johnson
Analyst of «FreshForex» company
Close
Iniciar sesión