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Positive macroeconomic statistics from the United States

Positive macroeconomic statistics from the United States | 27 April 2021

27 April 2021, GBP/USD

Positive macroeconomic statistics from the United States

GBPUSD trading plan:

New orders for key U.S.-made capital goods rose solidly in March. Orders for non-defense capital goods excluding aircraft, a closely watched proxy for business spending plans, increased 0.9% last month. These so-called core capital goods orders fell 0.8% in February after bitterly cold temperatures gripped large parts of the country. The Biden administration's massive $1.9 trillion COVID-19 pandemic rescue package and increased vaccinations against the virus have allowed for broader economic re-engagement, unleashing pent-up demand, for both goods and services.

Investment idea: sell 1.3915 and take profit 1.3870.

David Johnson
Analyst of «FreshForex» company
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