U.S. government debt | 30 Maret 2021

GBPUSD trading plan:

The U.S. Congress has provided spending of roughly $5.8 trillion during the past year to deal with the pandemic and its effects on the economy. This action has pushed the ratio of publicly held U.S. debt to nominal gross domestic product to more than 100 percent for the first time since World War II. The Federal Reserve's holdings of U.S. government debt has risen to around $7 trillion, with about $2.5 trillion of that total resulting from its asset purchase program aimed at smoothing credit market functioning and providing monetary accommodation. This is a negative signal for the dollar.

Investment idea: buy 1.3745 and take profit 1.3801.