Pound: The vaccine changes rules of game. Forecast as of 26.01.2021

Investors prefer to buy those countries' currencies that are actively fighting COVID-19, including with the help of vaccines. Let's discuss how the vaccination campaign's speed will affect the EURGBP and GBPUSD prices and make up a trading plan.

Monthly pound fundamental forecast

Traders love divergences. In technical analysis, the price chart's divergence with the MACD indicator is used in the well-known Elder Triple Screen Trading System. In fundamental research, divergences in central banks’ monetary policies and economic growth rates have served their fans for decades. Due to the pandemic, new strategies are emerging in the Forex market, and trading divergence in vaccination rates… Read full author’s opinion and review in blog of #LiteForex