Today, in the midst of the European trading session, the Bank of England will publish the results of its meeting on monetary policy. The investment bank consensus forecast suggests that we will not hear any surprises today. The monetary authorities will not take any measures now and will wait for the results of the vaccination of the population.

On the eve, the US Federal Reserve kept the discount rate at the same level, and also announced its readiness to continue printing money to buy back assets in the amount of $120 billion per month for a long period of time. Therefore, the Fed will increase dollar liquidity in the financial system, which will allow the British currency to demonstrate growth in quotations.

Investment idea: Buy 1.3940/1.3920 and take profit 1.4010.