GBPUSD

10:52, 05 August

GBPUSD

GBPUSD

In the Asian session, a slightly receptive trajectory was observed in the pair. Compared to other countries (Japan, USA and Australia) in the UK, the number of Covid-19 patients, who have a milder course, keeps the pound strong against the dollar. In addition, the British Ministry of Transport has updated the travel list it has created in the fight against the new type of coronavirus (Covid-19) epidemic called the "traffic light system".

 

The most important data for this pair today is the BoE rate decision, which will be announced at 14:00 CEST. The market expects the interest rate to be kept constant at 0.10%. The Bank of England is not expected to make any changes to its current bond-buying program (£895 billion by the end of the year).

 

  • Resistance: 1.3910 - 1.3960 - 1.4080
  • Support: 1.3875 - 1.3820 - 1.3775