Today the UK will publish its December retail sales report, which could delight investors with positive data. The income of the population in the United Kingdom is showing growth, which will contribute to an increase in consumer spending in conjunction with the increase in lending.

The coronavirus pandemic is forcing the British to use online shopping more and more. Against this background, I expect strong growth in online sales. Additional support for the pound will be provided by a surplus of dollar liquidity on the interbank market in London, where low interest rates in the American currency remain.

Investment idea: Buy 1.3688/1.3660 and take profit 1.3740.