09 Februari 2021, GBP/USD
GBPUSD trading plan:
Britain called for a reset in relations with the European Union. Relations between Brussels and London strained by years of bruising Brexit talks took a turn for the worse last month when the EU threatened to use emergency measures to stop coronavirus vaccines going from the bloc into Northern Ireland. The EU swiftly changed its position on the vaccines but London hopes to capitalise on the gaffe to win changes to the Brexit deal because the new rules have caused disruption in Britain's trade with Northern Ireland. The EU and Britain have agreed to work intensively to resolve the difficulties and Gove is expected to meet Sefcovic on Thursday to try to find a way forward.
Investment idea: Buy 1.3754 and take profit 1.3808.
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