Now it is difficult to identify “drivers” for changing the quotes of this currency pair. On the one hand, the pound may show weakness, inasmuch as inflation in Britain is slowing down, which means that the Bank of England will not rush to complete the QE program and the subsequent transition to raising interest rates.

On the other hand, the Federal Reserve has no plans to announce the withdrawal of stimulus and continues to increase the surplus of dollar liquidity in the financial system. It turns out that both factors have a multidirectional effect on the course of trading in this currency pair.

Trading recommendation: flat 1.3665-1.3750.