Britain has delighted investors with positive statistics on GDP for 4 quarters of 2020 year. The indicator came out better than the consensus forecast. Moreover, the indicator for 3rd quarter was revised upwards by 16.9%, against the first estimate of 16%. Earlier investors were too pessimistic about the prospects for the British economy against the backdrop of the uncertainty around the divorce process with the European Union and the COVID-19 pandemic, but in fact the situation was not as lamentable as many people expected.

Moreover, the UK is well ahead of other European countries in terms of the number of vaccinated population, which will allow it to demonstrate strong GDP growth this year. Let me remind you that the Bank of England expects the acceleration of economic growth starting this month.

Investment idea: Buy 1.3740/1.3720 and take profit 1.3788.