Important events are not expected today.

The British pound is trading at the highs of the last six weeks and there are at least two reasons to expect the upward trend to continue.

The first is trading in the USDX dollar basket index. Since there is an increase in interest rates on the dollar at the credit market in London, it is worth waiting for the strengthening of the American currency and a bullish exit from the flat. But, most likely, before strengthening the dollar will test the lower border of the corridor (95.54), which will give the pound an impetus to rise to the 1.3530 zone.

Second, oil prices are expected to rise, which will have a positive effect on the GBP. Recently, the US Department of Energy released data on oil reserves, which were reduced by 3.5 million barrels. This indicator has been decreasing for the fifth week in a row and is already at the minimum of the last 7 years. This is good for the price of oil.

Recommendations: Buy 1.3460 / 1.3435 with TP 1.3530.