Positive macroeconomic statistics from the United States | 17 Januari 2022

17 Januari 2022, GBP/USD

GBPUSD trading plan:

U.S. holiday sales in 2021 came in at a better-than-expected $886.7 billion, boosted by customers returning to stores and splurging more online, even as a jump in COVID-19 cases and supply chain issues threatened to upend the crucial shopping season. The National Retail Federation said holiday sales, including e-commerce, jumped 14.1% during November and December, exceeding its latest forecast of a rise of as much as 11.5%. Retailers' efforts to stock up early on helped drive 2021 holiday sales. With higher wages, and better household savings from stimulus checks and reduced spending on outdoor activities, U.S shoppers opened up their wallets to everything from apparel and sporting goods to furniture and electronics.

Investment idea: sell 1.3695 and take profit 1.3642.

David Johnson
Analyst of «FreshForex» company
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