GBPUSD – Two reasons to buy

17.01.2022

Important events today:

USA is a bank holiday.

For the pair, a positive scenario is emerging today. Firstly, in London, on the interbank market, the upward trend in interest rates in GBP and USD continued, despite the fact that British rates are rising faster than US rates, which indicates a high interest of bankers in the pound currency.

Secondly, the positive dynamics of the oil market will also have a good effect on the currency of the United Kingdom, as assets correlate with each other. BRENT is trading near the high of the last seven years and is expected to test the level of $86.6 per barrel this week.

Recommendations: Buy 1.3640/1.3620 with TP 1.3700.