The surplus of dollar liquidity on the interbank lending market in London will have a positive influence on the value of the British currency during the day. Today the US Federal Reserve will increase the excess liquidity in the banking system by $8.4 billion through the buying Treasury bonds, which will provide additional support to the bulls.

Until the US Federal Reserve meeting, which is scheduled for September 22, I see no reason for the strengthening of the dollar. After the meeting the dollar has little chance of success if there are no force majeures.

Trading recommendation: Buy 1.3831/1.3805 and take profit 1.3890.