Аналитика Обзор рынка

GBPUSD overview 29.03.2021

Sterling rises on vaccine relief.

GBPUSD under the bullish pressure today after decline in concerns about Britain’s COVID-19 vaccine supply from the European Union helped sterling reverse some of the currency’s earlier losses. The EU last week stopped short of imposing a ban on vaccine exports, a proposal that had caused concern in Britain – which has benefited the pound. The markets are currently focusing on the relative speed of vaccination programmes in Europe and UK – which is leading to expectations that Britain’s economy will reopen more quickly than European economies – which should widen the UK-EU gap in terms of recovery expectations and will, most likely, lead to further sterling gains in the near-term perspective.

Expect buyers on downward corrections.

Next resistance to watch – 1.3864

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