The UK level of activity remained low | 01 February 2021

01 February 2021, GBP/USD

The UK level of activity remained low

GBPUSD trading plan:

Prime Minister Boris Johnson said there were lots of "teething problems" with the country's adjustment to life outside the European Union's single market and business groups warned things might get worse soon. Brexit supporters say the new barriers to business with the EU will be offset by trade deals that London wants to strike with other countries around the world. But the government's economic forecasters have estimated that Britain's economy will be 4% smaller in 15 years' time than it would have been had it stayed in the EU.

Investment idea: range 1.3680 -1.3770.

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David Johnson
Analyst of «FreshForex» company
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