Pound sees a light shining in the clouds

The pandemic changed the game rules for the GBP/USD

Everything has its bright side. Coronavirus made investors forget about Brexit, which drew the GBP up to its monthly high versus the US dollar. However, the GBPUSD bulls may not celebrate their victory in the long term. Poor reports on the US industrial production and retail sales forecasts that the jobless claims will exceed 20 million over 4 weeks and that the Chinese GDP will be at least 6% down in the first quarter have stopped the rally of the stock indexes. 

Over the past few years, investors got used to the fact…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>