27 May 2021, GBP/USD
GBPUSD trading plan:
Britain reported that 38.38 million people had received a first dose of a coronavirus vaccine. Prime Minister Boris Johnson's has pointed to Britain's rapid vaccination programme as a success that will allow the economy to rebound before its peers. This is a positive signal for the British currency. In the interbank market in London, the benchmark three-month Libor rate has renewed its historic low, which indicates a significant surplus of dollar liquidity in the financial system. The American currency shows weakness during such periods.
Investment idea: buy 1.4100 and take profit 1.4206.