The multiple risks | 08 tháng Ba 2022

08 tháng Ba 2022, GBP/USD

The multiple risks

GBPUSD trading plan:

China’s export growth slowed down in January and February 2022. Exports rose 16.3% in dollar terms in the January-February period from a year earlier, data from the General Administration of Customs showed. Exports had increased 20.9% in December. Imports increased 15.5% on year during the period. The trade surplus came in at $116 billion. Covid outbreaks in some parts of the country also caused temporary business suspensions, although the commerce ministry has said the impact was manageable overall. Record trade last year helped to underpin China’s rapid economic growth, although momentum weakened in the latter part of the year amid a downturn in the property market. The government set a growth target of about 5.5% for this year, the lowest in more than three decades. High inflation in Europe will have a negative impact on economic growth. This is a negative signal for the British currency.

Investment idea: sell 1.3120 and take profit 1.3055.

David Johnson
Analyst of «FreshForex» company
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:
Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .
manager photo manager photo
Online-support
Chúng tôi sẽ vui lòng trả lời bất kỳ câu hỏi nào bạn có thể có

Viết

Get bonus