The Fed expects to maintain of monetary policy | 20 Mei 2021

20 Mei 2021, GBP/USD

The Fed expects to maintain of monetary policy

GBPUSD trading plan:

The Fed expects to maintain an accommodative stance of monetary policy until these outcomes are achieved. The Federal Reserve will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage‑backed securities by at least $40 billion per month until substantial further progress has been made toward the Committee's maximum employment and price stability goals. These asset purchases help foster smooth market functioning and accommodative financial conditions, thereby supporting the flow of credit to households and businesses.

Investment idea: buy 1.4120 and take profit 1.4210.

David Johnson
Analyst of «FreshForex» company
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