19 Januari 2022, GBP/USD
GBPUSD trading plan:
British employers hired a record number of staff last month and labour shortages deepened - increasing the chance that the Bank of England will raise interest rates again next month. The data suggests the surge in cases of the Omicron variant of coronavirus in December did little to dent the resilience of Britain's job market. The figures are also unlikely to ease the BoE's concern that a rising inflation tide will be slow to ebb. Concern about possible labour shortages and pay pressures over the medium term was a major reason why the BoE raised interest rates last month for the first time since the start of the pandemic.
Investment idea: buy 1.3575 and take profit 1.3649.