The Bank of England will keep the interest rate at the same level today insofar as there is no reason to change it now. Inflation is showing moderate growth, vaccination of the population is increasing every day and the financial authorities of the United Kingdom expect acceleration of the economic growth in the second quarter.

On the interbank lending market in London, the three-month Libor USD rate has renewed its historic minimum, which signals a significant surplus of dollar liquidity in the interbank market. This is a negative message for the American currency. Now the market ignores this factor, but it will not last long, and soon we will see a good upward trend in this currency pair.

Investment idea: Buy 1.3600/1.3580 and take profit 1.3680.