03 tháng Tám 2021, GBP/USD
GBPUSD trading plan:
The U.S. Treasury said it plans to borrow $673 billion in the third quarter, less than the May estimate of $821 billion, due to having a higher balance at the beginning of the quarter and lower outlays. The third-quarter estimate assumes an end-Sept. cash balance of $750 billion, the Treasury said in a statement. It expects to borrow $703 billion in the Oct. to Dec. quarter, assuming an end-of-December cash balance of $800 billion. This is a negative signal for the U.S. currency, since the Treasury will not take excess liquidity from the financial system.
Investment idea: buy 1.3878 and take profit 1.3940.