Negative macroeconomic statistics from the United States | 30 July 2021

30 July 2021, GBP/USD

Negative macroeconomic statistics from the United States

GBPUSD trading plan:

U.S. real gross domestic product increased at an annual rate of 6.5 percent in the second quarter of 2021, reflecting the continued economic recovery, reopening of establishments, and continued government response related to the COVID-19 pandemic. The growth fell short of traders’ expectations. A resurgence in COVID-19 infections, driven by the Delta variant of the coronavirus, however, poses a risk to the outlook. Higher inflation, if sustained, as well as ongoing supply chain disruptions could also slow the economy. This is a negative signal for the dollar!

Investment idea: buy 1.3940 and take profit 1.4000.

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus