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.
Торгуйте с настоящим брокером. Одни из самых низких спредов на рынках Форекс, драгоценных металлов, энергоносителей. Рыночное исполнение ордеров по лучшим ценам от поставщиков ликвидности первого уровня.
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
Торгуйте с настоящим брокером. Одни из самых низких спредов на рынках Форекс, драгоценных металлов, энергоносителей. Рыночное исполнение ордеров по лучшим ценам от поставщиков ликвидности первого уровня.
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