14 Januari 2021, GBP/USD
GBPUSD trading plan:
The U.S. Labor Department said its consumer price index increased 0.4% last month after gaining 0.2% in November. In the 12 months through December the CPI rose 1.4% after increasing 1.2% in November. U.S. consumer prices increased in December, with households paying more for gasoline, though underlying inflation remained tame as the economy battled a raging COVID-19 pandemic, which has weighed on the labor market and the services industry. This is a negative signal for the dollar! High negative real interest rates in the United States are forcing investors to sell the US currency.
Investment idea: Buy 1.3600 and take profit 1.3660.