Important events today:

Influential statistics are not expected.

GBPUSD:

GBP on Friday tried hard to show confident growth, but it turned out, let’s say, unconvincing. On the interbank market in London, rates on the LIBOR dollar are rising better than the British, which indicates a high banking demand for the US dollar. And even a possible increase in the Bank of England’s discount rate is not able to influence the trend.

Why is this happening? The number one central bank in the world is the US Federal Reserve. And the change in the monetary policy of the first central bank has a great impact on the financial markets, and this month the Fed also began to reduce the emission of dollars. Against the background of the price growth in the zone of the psychological level of 1.3400, it is reasonable to look in the direction of the bears, counting on a further downward trend.

Recommendation: Sell 1.3370 / 1.3400 with TP 1.3335.