Positive statistics from the UK | 13 April 2021

13 April 2021, GBP/USD

Positive statistics from the UK

GBPUSD trading plan:

Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by the country's coronavirus vaccinations and hopes for less Brexit disruption, a survey of chief finance officers showed. The Deloitte said its poll found CFOs were planning to increase hiring and investment. Almost 10% of CFOs had experienced significant or severe disruption due to Brexit but only 3% expected that level of disruption to persist in a year's time, Deloitte said. «Brexit has been a significant dampener on business activity in the last four years but with the UK's final departure from the EU, such effects are fading», Ian Stewart, Deloitte's chief economist, said.

Investment idea: buy 1.3710 and take profit 1.3777.

David Johnson
Analyst of «FreshForex» company
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