28 Juli 2020, GBP/USD
GBPUSD trading plan:
The Federal Reserve has published a government bond buyback schedule in the next two weeks. A high volume of transactions is scheduled for July 28, 31. The maximum volume is today. US bankers no longer apply to the Federal Reserve for short-term refinancing. The last 14 days, REPO auctions are recognized as not held due to the lack of bids - this is the maximum period this year. It is negative for the dollar, because it signals an excess of dollar liquidity in the banking system.
Trading recommendation: Buy 1.2840 and take profit 1.2900.