GBP / USD

The British pound fully confirmed the speculative nature of its growth, which lasted until 16th. Yesterday, on weak data on retail sales and general strengthening of the dollar, the pound fell by 120 points. The volume of trading was high. A strong signal was also filed by the head of the Bank of England Mark Carney. The head of the Central Bank suddenly said that the prospects for the nearest rate increase are very vague (in terms of time), but within a few years the rate may be raised "several times". From Carney's recent optimism, there is no trace left. Retail sales in March decreased by 1.2% against the forecast of -0.5% and growth by 0.8% in February.

The European Union did not accept the British proposal on the border with Northern Ireland. Customs options Teresa Mei once again failed and exposed the bad game of England with a good mine. The English press is reluctant to disclose details of the deal, but insider investors, apparently, have finally begun selling pound sterling. The Chamber of the British National Audit stated that, taking into account inflation and changes in payment schemes, can increase UK compensation from 35 billion pounds to 39 billion euros.

The Queen of Great Britain Elizabeth II, according to the information of the British press, intends to transfer the throne to the crown prince Charles before the earlier scheduled date (2021). Perhaps this decision is related to the health of the queen, which increases the risks for the British pound.

We are waiting for GBP / USD at 1.3980 and further in the range of 1.3910 / 30.