A mixed background is being formed today. On the one hand, we can expect an increase in oil prices, which is favorable for the British pound, inasmuch as assets are historically correlated with each other. On the eve, black gold was corrected after a five-week rise in quotations and is ready to continue the upward trend. Oil reserves in the world’s largest economy have declined by 34.4 million barrels since the beginning of the year. This trend will only pick up steam, insofar as the auto season in the United States is in full swing.

On the other hand, in the second half of the day, the States can delight traders with positive statistics on consumer confidence from the Conference Board against the background of the implementation of Joe Biden’s anti-crisis program, which may provide short-term support for the dollar.

Trading recommendation: flat 1.3840 – 1.3925.