Positive macroeconomic statistics from the UK | 05 tháng Giêng 2021

05 tháng Giêng 2021, GBP/USD

Positive macroeconomic statistics from the UK

GBPUSD trading plan:

Positive macroeconomic statistics from the UK will have a positive impact on the value of the British currency. The IHS Markit/CIPS manufacturing Purchasing Managers' Index for December rose to 57.5 from November's 55.6, it’s highest since November 2017. The survey showed manufacturers stockpiled materials at the fastest rate since March 2019 - when there were also fears of disruption to trade with the EU - and that delivery times were the slowest since the initial lockdown in April and May. "Customers, especially those based in the EU, brought forward purchases, boosting sales temporarily. It seems likely that this boost will reverse in the opening months of 2021, making for a weak start to the year," IHS Markit director Rob Dobson said.

Investment idea: Buy 1.3520 and take profit 1.3570.

David Johnson
Analyst of «FreshForex» company
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