19 Februari 2021, GBP/USD
GBPUSD trading plan:
U.S. homebuilding fell more than expected in January amid soaring lumber prices. Softwood lumber prices jumped a record 73% on a year-on-year basis in January, according to data from the Labor Department. Housing starts decreased 6.0% to a seasonally adjusted annual rate of 1.580 million units last month, the Commerce Department said. Single-family homebuilding, the largest share of the housing market, tumbled 12.2% to a seasonally adjusted annual rate of 1.162 million units.
Investment idea: Buy 1.3960 and take profit 1.4001.